Southwest Airlines to Lay Off 15% of Workforce in Cost-Cutting Push
Southwest Airlines plans to lay off 15% of its corporate workforce, marking a significant shift in strategy. The layoffs aim to save $210 million in 2025 and $300 million in 2026, following pressure from Elliott Investment Management.
Southwest Airlines may be considering the acquisition of another US carrier. Comments shared on social media by board member ...
Spirit Airlines Tuesday rejected Frontier's most recent merger proposal, opting to proceed with its own standalone ...
Spirit Airlines again rejected Frontier Airlines’s latest takeover bid, opting to instead focus on its restructuring process to bolster financial stability. Spirit, an ultra-low-cost airline ...
Spirit Airlines on Tuesday rejected Frontier Group’s acquisition offer, worth about $2.16 billion, saying the bid from its fellow ultra-low-cost carrier was less beneficial to shareholders than ...
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