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A Southwest Airlines Boeing 737 passenger plane taxis along the asphalt at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia, on December 13, 2024.
Daniel Slim | AFP | Getty images
Southwest Airlines He said Monday that he is reducing around 15% of corporate jobs, or about 1,750 people, a movement that his CEO called “unprecedented” as the company struggles to reduce costs.
The company said it expects net savings of $ 210 million this year and around $ 300 million in 2026 of the cuts. The layoffs will be carried out mainly at the end of the second quarter and will include some senior leadership roles, said CEO Bob Jordan in a note of the staff, which was seen by CNBC.
“This decision is not precedents in our 53 years of history, and the change requires that we make difficult decisions,” Jordan said in a press release. “We are at a fundamental time as we transform the southwest of the airlines into a thinner, faster and more agile organization.”
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