3,500
Total Affected
Since Jan 2024
2
Layoff Events
Across all companies
1
Companies
With layoffs
1,750
Avg per Event
Employees affected
2
ConfirmedCompany verified events
0
Multi-SourceMultiple source verification
0
Severance DataWith severance information
Layoffs Over Time
By Sector
Industrials
3,500
Most Common Reasons
First major layoffs in 53-year history, part of cost-cutting strategy to enhance efficiency and profitability
1 event
Southwest Airlines announced a reduction of 15% of its corporate workforce, totaling 1,750 jobs. This marks the first significant layoffs in the company's 53-year history. The company is implementing cost-cutting measures amid financial pressures and changing market conditions in the airline industry.
1 event
Most Affected Departments
Corporate
1,750
Companies in Airlines
Recent Layoff Events
| Date | Company | Employees | Reason |
|---|---|---|---|
| Mar 17, 2025 | SOUTHWEST AIRLINES CO Confirmed | 1,750 (15.0%) | First major layoffs in 53-year history, part of cost-cutting strategy to enhance efficiency and profitability |
| Feb 17, 2025 | SOUTHWEST AIRLINES CO Confirmed | 1,750 (15.0%) | Southwest Airlines announced a reduction of 15% of its corporate workforce, totaling 1,750 jobs. This marks the first significant layoffs in the company's 53-year history. The company is implementing cost-cutting measures amid financial pressures and changing market conditions in the airline industry. |