Based on news reporting.
Southwest Airlines Co. has announced significant layoffs, cutting 15% of its workforce in an effort to restore profitability. This decision affects approximately 15,000 employees as the airline seeks to navigate financial challenges. The layoffs are part of a broader strategy to improve operational efficiency and reduce costs. The company has faced various pressures, including rising operational costs and a competitive market environment. This move is expected to help stabilize the airline's financial position moving forward.
Southwest Airlines Co. cut 15,000 jobs as of October 1, 2023.
That is roughly 20.4% of the 73,463 people Southwest Airlines Co. employs.
LayoffTalk has tracked 23 layoff events at Southwest Airlines Co. since April 2023, affecting a combined 26,511 employees.
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