Southwest Airlines to cut 15% of corporate jobs in cost-saving push

Core Points - Southwest Airlines is cutting approximately 15% of its corporate jobs, equating to about 1,750 positions, in an effort to reduce costs [1][2][3] - The company anticipates net savings of $210 million for the current year and around$300 million by 2026 as a result of these layoffs [2] - CEO Bob Jordan described the layoffs as "unprecedented" in the company's 53-year history, emphasizing the need for transformation into a more efficient organization [3]