Southwest Airlines Is Slashing 15 Percent of Its Corporate Workforce, Its First Major Layoffs in 53 Years

Southwest Airlines is eliminating 1,750 jobs, or 15 percent of its corporate workforce, in the first major layoffs in the company’s 53-year history.

The Dallas-based airline said Monday that the job cuts would be focused almost entirely on “corporate overhead and leadership positions,” including senior leadership and directors. Eleven senior leadership positions, representing 15 percent of the company’s senior management committee, are being eliminated.

The job cuts, which are scheduled to be mostly completed by the end of June, are part of a plan by the airline to slash costs and transform the company into a “leaner, faster, and more agile organization,” Southwest CEO Bob Jordan said in a statement.

“This decision is unprecedented in our 53-year history, and change requires that we make difficult decisions,” Jordan said.

Southwest estimated that the job cuts will save the company about $210 million this year and roughly $300 million in 2026. […]

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