Southwest Airlines announced on January 14, 2025, a pause on corporate hiring and promotions, and the suspension of most summer internships, as part of a broader cost-cutting initiative. The company will honor internship offers already made but will halt all 'non-contract internal and external hiring.'
CEO Bob Jordan stated that 'every single dollar matters' in the fight to return to excellent financial performance. The airline is also canceling employee team-building 'rallies,' a tradition dating back to 1985, to limit discretionary costs.
These measures are part of Southwest's ongoing efforts to improve margins and streamline operations, following a settlement with activist investor Elliott Investment Management. The company will continuously evaluate its staffing needs to determine when hiring can resume.
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