Southwest Airlines’ major changes were not because of Elliott, CEO says
Fresh off of fending of an activist investor and calls for his job, Southwest Airlines CEO Bob Jordan denied that hedge fund Elliott Investment
Southwest Airlines looks to trim workforce to line up with its lower capacity
Southwest Airlines Co. (NYSE:LUV) will offer buyouts to workers at 18 airports across the country as the Dallas-based carrier cuts back on flying planes due to in part to aircraft delivery delays from Boeing (BA).
Southwest Airlines to offer buyouts at LAX, Burbank, Long Beach and John Wayne
The offers will be extended to customer service, ramp and operations agents, as well as cargo employees and supervisors.
Southwest Airlines CEO gets candid about future after deal with Elliott
Ultimately I think we got to a good place,” Southwest CEO Bob Jordan said. He also said the chapter with Elliott Investment Managers is closed.
Southwest Airlines is offering buyouts to airport workers — but not in Houston
Southwest Airlines on Monday announced buyouts to reduce staffing at some locations, but the buyouts aren't offered in Houston.
Southwest is offering buyouts to airport workers and blaming Boeing for the job cuts
Southwest Airlines is offering buyouts and extended leaves of absence to airport workers to avoid “overstaffing” which it blames on Boeing.
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