Southwest Airlines will lay off 15% of its employees in search of significant cost savings

On February 18th, Southwest Airlines will lay off approximately 1750 leadership positions, marking a significant step towards cost cutting and the first time in the airline’s history that layoffs have occurred. Southwest Airlines stated in a statement on Sunday that the layoffs will affect 15% of the company’s positions, including senior leadership and directors. The layoffs will begin in late April and will be ‘basically completed’ by the end of the second quarter. Southwest Airlines has long boasted that it has never had any involuntary layoffs in its over 50 year history, but the airline has taken measures to control the number of employees. The company suspended recruitment for management and headquarters positions last month, and also suspended recruitment for pilots and flight attendants last year.

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