Southwest Airlines pauses corporate hiring, most summer internships to cut costs
- Southwest Airlines is pausing corporate hiring and promotions while suspending most summer internships to cut costs, according to the company.
- The airline reported a 65% decline in net income for its third fiscal quarter, which prompted these changes.
- Southwest Airlines will honor offers already made to summer interns but has implemented multiple rounds of layoffs this year.
- CEO Bob Jordan stated, 'Every single dollar matters as we continue to fight to return to excellent financial performance,' according to CNBC.
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Coverage Details
Total News Sources0
Leaning Left6Leaning Right4Center6Last UpdatedBias Distribution38% Left, 38% Center
Bias Distribution
- 38% of the sources lean Left, 38% of the sources are Center
38% Left
L 38%
C 37%
R 25%
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