On Monday, Southwest Airlines announced 15 percent to reduce 15 percent of the work force, the first round of widespread dismissals in the 53-year-old history of the airline.
The company said he planned to cut about 1,750 jobs, mostly cutting cuts based on corporate positions. Releases 11 chiefs will be the most vibrant or greater chief qualifications, the airlines said. Most cutting will be held at the end of June.
In a statement, the Director General of Southwest, Bob Jordan, called the “unprecedented decision”.
“We are in the pivotal moment to southwestern airlines because we transform the organization faster, faster and faster,” he said. “I arrive at this decision thoughtful and carefully, he will know how difficult it will be to say goodbye to the colleagues that have had an important part of our Southwest culture and achievements.”
The Lord Jordan was under threat last year, Elliott Management had a unique participation of the air company and began to encourage extensive change, including Mr. Jordan. Elliott accused Mr. Jordan and the courage of the airline and not being controlled by the cost, the envy of the industry by eroding the winning margins.
Answer, Jordan established a three-year plan to make vivid changes, falling with the airline seating policy, adding more seats, and introducing red eyes – the last week – to make more use of its planes.
The southwest also agreed to add the recommended committee of the investment company, and Elliott threw the demand for the departure of Lord Jordan.
The work cuts announced on Monday will save in the southwest of the natural year and $ 300 million in dollars, the airlines said. These figures do not provide temporary cost $ 60 million to pay for $ 80 million costs and pay for other benefits set to employees.
Southwests had a 47-year-old earned earnings every year, when he lost money, along with the rest of the industry, during the Covid Pandemia. He has reported earnings every year and remains one of our four largest companies in the US, he never submitted the protection of failure, even if its costs overcome some of his classmates.
However, it is an airline that offers only limited flights. He leads more travelers in the southwest and makes more flights in the United States than any other carrier. Airline also Flags, who have had its economic class, have been the highest scores of customers of any carrier, according to JD Power, a market research company.
2025-02-17 23:54:00