CNBC
• Leslie Josephs
Southwest Airlines has announced its first-ever mass layoff, planning to reduce its corporate workforce by 15% to cut costs. The decision affects 1,750 jobs, including senior management, and is part of a strategy to generate significant savings as the airline faces financial pressures.
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Hype's Leadership section provides a curated selection of news and in-depth analysis on the trailblazers and decision-makers in the aviation, defense, and space industries. This collection includes detailed coverage of leadership changes, executive appointments, and the strategic directions set by the industry's top figures, offering a clear view of the personalities driving aerospace innovation and corporate dynamics.
