DALLAS — For the first time in its nearly 58-year history, Southwest Airlines announced it will be laying off hundreds of workers at its Dallas headquarters.
On Monday, the airline announced it will be laying off 1,750 employees at the company’s Dallas Love Field HQ. That number equates to around 15% of Southwest’s corporate positions. Among those 1,750 employees, 11 senior leadership positions were eliminated as a result of “restructuring.”
The announcement comes amid a flurry of changes for the Dallas-based airline. Southwest is in the midst of a board shakeup and an aggressive effort to reduce costs. Southwest has also recently announced sweeping changes to its service, including eliminating assigned seating and offering redeye flights.
“This decision is unprecedented in our 53-year history, and change requires that we make difficult decisions. We are at a pivotal moment as we transform Southwest Airlines into a leaner, faster, and more agile organization,” President, CEO and Vice Chairman of the Board of Directors Bob Jordan said in a statement. “I arrived at this decision thoughtfully and carefully, knowing how hard it will be to say goodbye to colleagues who have been a significant part of our Southwest Culture and accomplishments. I’m grateful to all Southwest Employees who have shared in our legendary history and to those that will guide us into the next era of Southwest Airlines.”
According to Southwest, the move will save the company around $300 million annually moving forward.