Southwest layoffs: LUV stock price rises as airline slashes corporate workforce in ‘transformational plan’
The low-cost air carrier said the cuts are mostly focused on corporate and leadership roles. Some 1,750 employees are ...
Southwest Airlines to cut 15% of corporate jobs as part of cost-saving plan
The layoffs, which the company expects to complete by the end of the second quarter, are estimated to net $210 million in ...
Southwest Airlines’ First Major Job Cut in 53 Years Is Set to Reduce 15% Staff
Southwest Airlines (LUV) is about to implement its first-ever major job cut in 53 years, reducing 15% of its corporate staff.
Southwest Airlines makes drastic cost-cutting decision
Southwest Airlines , the fourth-largest airline in the U.S., is on a strict road to recovery after facing significant ...
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Southwest Airlines Amends Agreement With Elliott For Increased Economic Exposure, Announces Departure Of Key Executive
Southwest Airlines Co. (LUV) said in an exchange filing on Wednesday that it has entered into an amendment to the cooperation ...
18,117 Shares in Southwest Airlines Co. (NYSE:LUV) Purchased by Strategic Financial Concepts LLC
Strategic Financial Concepts LLC acquired a new stake in Southwest Airlines Co. (NYSE:LUV – Free Report) during the 4th ...
Southwest Airlines Stock Rises After Company Starts First-Ever Mass Layoff Plan
KEY TAKEAWAYS Shares of Southwest Airlines rose in premarket trading Tuesday after the carrier said it plans to cut 15% of ...
Southwest pact boosts Elliott max exposure to 19.9% from 14.9%
Southwest Airlines entered into an amendment to the cooperation agreement with Elliott Investment Management that increases ...
Southwest Airlines Co. (NYSE:LUV) Given Average Rating of “Reduce” by Brokerages
Southwest Airlines Co. (NYSE:LUV – Get Free Report) has earned a consensus rating of “Reduce” from the eighteen ratings firms ...
DAL, UAL, or LUV: Which Airline Stock Is Wall Street’s Best Pick?
The recently reported quarterly results of major airlines reflected strong travel demand despite a hike in airfares. Moreover, lower jet fuel ...