Southwest Airlines Is Laying Off 15% of Its Workforce

Category: Business

Southwest Airlines is laying off 1,750 corporate employees, representing 15% of its workforce, including senior leadership positions, as part of a cost-cutting strategy. The layoffs, the first in the airline's history, aim to save $210 million in 2025 and $300 million in 2026. The decision comes amid rising labor costs and pressure from investors, despite the airline reporting record revenue of $27.4 billion in 2024.

Keywords: Southwest Airlines, layoffs, cost-cutting

Source: Entrepreneur

Update At: 2/19/2025

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