Southwest Airlines announced Monday it would cut 1,750 jobs in late April.
“As we continue to work together to transform our company, our focused areas will maximize efficiency and minimize costs,” writes Bob Jordan, president and CEO of Southwest Airlines. . Monday's notes To the workers. “We need to have a lean organizational structure that funds the right work, reduces overlapping efforts, and promotes clarity, pace and urgency.”
“Improved how we work together and how we get the job done will have a huge impact on our efficiency as a company and how we reach our plans,” he said. added.
The airline said it would cut 15% of corporate positions, including 11 senior leadership positions (Vice President level and above).
Affected employees are expected to receive retirement benefits and will not function after notifying them of evacuation prior to April, but will continue to receive pay, benefits and bonuses per company.
As a result of this workforce cut, Soutwest estimates savings in 2025 to be around $210 million, while savings in 2026 are estimated at around $300 million, according to another. Monday's release.
