No LUV-ing for Southwest Airlines Stock at JPMorgan
Shares of Southwest Airlines (LUV) slid 2% after JPMorgan downgraded the airline to an Underweight rating from Neutral, ...
Southwest Airlines Stock Catches a Downgrade. This One Thing ‘Can’t Be Ignored.’
Southwest is undergoing an ambitious turnaround plan under the watchful eye of activist investor Elliott Management.
Southwest Airlines shifts away from values in order to cut costs, WSJ say
Once a company that touted its “fun-luving” attitude and ability to avoid mass layoffs, Southwest (LUV) is now making changes it “once ...
Southwest employees devastated as airline that treated staff 'like family' breaks 'sacrosanct' rule
Employees of Southwest Airlines who for decades have been accustomed to a family-like workplace were left heartbroken last ...
FOX News on MSN12d
Southwest to lay off 15% of corporate staff amid rising Wall Street pressure to slash costs
In total, 1,750 jobs will be affected, including 11 senior leadership positions, as the carrier strives to build a “leaner ...
Economic worries may soon hit the airline industry, one analyst cautions
"Investor consternation has crescendoed once again, focused primarily on the consumer, domestic capacity, and the impact of reduced government travel," Baker said Monday in a research note. "As a ...
Wall Street Breakfast Podcast: Baidu Slips As CEO Missing From Xi Meeting, Q4 Beats
Baidu Q4 beats top-line and bottom-line estimates. Southwest expands cost-cutting by announcing 15% reduction in corporate ...
Southwest Airlines to cut 15% of corporate jobs as part of cost-saving plan
The layoffs, which the company expects to complete by the end of the second quarter, are estimated to net $210 million in ...
Southwest to cut 1,750 corporate jobs but plans growth at BWI Airport
CEO Bob Jordan called the cuts "unprecedented in our 53-year history" but said they come at "a pivotal moment as we transform ...
Texas Standard12d
Southwest Airlines announces first layoffs in its 53-year history
Dallas-based Southwest airlines just announced mass layoffs — the first in its 53-year history. The company is cutting 15% of ...
New York Post12d
Southwest to lay off 15% of corporate staff amid rising Wall Street pressure to slash costs
Southwest Airlines cut 15% of its corporate workforce ... to fight to return to excellent financial performance,” The Wall Street Journal reported. The layoffs would impact 1,750 jobs, including ...