Southwest Airlines plans to fire more than 1,700 employees in a cost-cutting move that has been described as “unprecedented” in the airline’s 53-year history, according to multiple reports.
According to a report by the New York Times, those who lost their jobs are reportedly at the airline’s headquarters.
In a staff memo viewed by CNBC reporters, CEO Bob Jordan said he expects Southwest to save $220 million in 2025 and $300 million in 2026.
(Getty Images)
“We have made the very tough decision to move forward with employee cuts. This reduction will affect the role of around 1,750 employees, namely 15% of corporate jobs,” Jordan said. It was mentioned in a press release. “This is a very difficult and monumental change and I am a careful and thorough reflection knowing how difficult it is to say goodbye to CoHearts, an important part of our culture and achievements. I later reached this decision.”
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Other cost-saving measures recently taken by the airline include unprofitable routes, employment freezes and a suspension of the company’s internship program, according to CNBC.
In an email to KTLA, one person said the team call had a layoff on Monday, but KTLA has not yet confirmed the information independently.
According to a news release from the CEO, the layoffs will take effect in late April, with most cut employees not having to come out to work while they have previously received their pay, benefits and related bonuses.
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