Southwest Airlines hits pause on corporate hiring, promotions and summer internships to cut costs

Southwest Airlines is hitting pause on corporate hiring, promotions and summer internships to cut costs after months of pressure from an activist investor.The Dallas-based airline is also halting its “Southwest Rallies,” a team-building program dating back to 1985 with free food and entertainment where company leaders speak to staffers about Southwest’s vision moving forward. 3 CEO Bob Jordan told staffers that Southwest will be pressing pause on corporate hiring and summer internships in a note on Monday ...