MicroWave@lemmy.world to Economics@lemmy.worldEnglish · 14 days agoSouthwest Airlines to slash 15% of corporate jobs in 'unprecedented' move to cut costswww.cnbc.comexternal-linkmessage-square4fedilinkarrow-up156file-text
arrow-up156external-linkSouthwest Airlines to slash 15% of corporate jobs in 'unprecedented' move to cut costswww.cnbc.comMicroWave@lemmy.world to Economics@lemmy.worldEnglish · 14 days agomessage-square4fedilinkfile-text
KEY POINTS Southwest said it would cut about 15% of its corporate workforce, or 1,750 jobs. The airline has been under pressure to cut costs. CEO Bob Jordan said it was the company’s first large-scale layoff.
minus-squareadarza@lemmy.calinkfedilinkEnglisharrow-up7·14 days agocould perhaps also be that they’re expecting an extended period of lower demand due to ‘current events’
could perhaps also be that they’re expecting an extended period of lower demand due to ‘current events’