Southwest Pauses Corporate Hiring, Most Summer Internships to Cut Costs
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Following a bitter battle with an activist investor, Southwest is pausing corporate hiring and most summer internships to cut costs and improve margins.
Southwest Airlines is halting corporate hiring and most summer internships as part of an effort to cut costs.
“Every single dollar matters as we continue to fight to return to excellent financial performance,” CEO Bob Jordan told staff in a note on Monday, according to CNBC.
A Southwest spokesperson confirmed the hiring pauses to Skift.
“We are limiting discretionary costs, including holding on the Southwest Rallies for this year, as