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INC","value":-0.062709,"marketCap":3910726}]}},"$inf$@#url:\"https://stock-news.skytigris.cn/v2/news/list\",params:#symbols:\"LUV\",pageSize:16,pageCount:5,lang_content:\"en\",edition:\"fundamental\",,,undefined,":[{"items":[{"id":"2512140689","title":"DAL, UAL, or LUV: Which Airline Stock Is Wall Street’s Best Pick?","url":"https://stock-news.laohu8.com/highlight/detail?id=2512140689","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512140689?lang=en_us&edition=fundamental","pubTime":"2025-02-19 12:59","pubTimestamp":1739941197,"startTime":"0","endTime":"0","summary":"The recently reported quarterly results of major airlines reflected strong travel demand despite a hike in airfares. Moreover, lower jet fuel price...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/dal-ual-or-luv-which-airline-stock-is-wall-streets-best-pick?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/dal-ual-or-luv-which-airline-stock-is-wall-streets-best-pick?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LU0052756011.USD","BK4008","BK4588","IE00BFMHRM44.USD","LUV","UAL","DAL","LU0128525689.USD","LU1267930227.SGD","LU0310800965.SGD","BK4585","BK4500"],"gpt_icon":0},{"id":"2512955201","title":"LUV Plans to Lay Off 15% of Workforce to Achieve Cost Efficiency","url":"https://stock-news.laohu8.com/highlight/detail?id=2512955201","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512955201?lang=en_us&edition=fundamental","pubTime":"2025-02-19 01:03","pubTimestamp":1739898180,"startTime":"0","endTime":"0","summary":"Southwest Airlines Co.  announced plans to lay off a certain portion of its workforce. The move is part of the company’s transformational plan to simplify its organizational structure, stay competitive, reduce operating costs and increase efficiency.Details of LUV’s Downsizing & Its Expected Benefits. LUV’s lay off plans are targeted on corporate overhead and leadership positions. LUV aims to cut 15% of its corporate positions  by the end of the second quarter of 2025, which reflects approximately 1,750 employee roles. Eleven senior leadership positions  also account for the 15% of the LUV’s senior management committee and will be eliminated as part of this restructuring.Southwest Airlines expects the layoffs to result in cost savings. The company estimates to save about $210 million this year and roughly $300 million in 2026.These savings exclude an expected one-time charge of $60-$80 million in the first quarter of 2025 . One-time costs vary based on specific employee elections durin","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/luv-plans-lay-off-15-170300220.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["UAL","BK4008","BK4588","SKYW","BK4500","BK4585","LUV"],"gpt_icon":0},{"id":"2512167188","title":"Top Midday Stories: Medtronic Shares Tumble on Revenue Miss; CNBC's Faber Reportedly Says Walgreens-Sycamore Deal Talks 'Now Alive'","url":"https://stock-news.laohu8.com/highlight/detail?id=2512167188","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512167188?lang=en_us&edition=fundamental","pubTime":"2025-02-19 00:54","pubTimestamp":1739897656,"startTime":"0","endTime":"0","summary":"The Dow Jones Industrial Average was down while the S&P 500 Index and the Nasdaq Composite were up slightly to kick off the trading week following the Presidents' Day holiday on Monday.In company news","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["FANG","WBA","LUV","HEES","MDT","HMC","URI"],"gpt_icon":0},{"id":"2512167239","title":"Southwest Airlines to Cut 15% of Workforce in Cost-Cutting Move","url":"https://stock-news.laohu8.com/highlight/detail?id=2512167239","media":"MT Newswires","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512167239?lang=en_us&edition=fundamental","pubTime":"2025-02-19 00:11","pubTimestamp":1739895115,"startTime":"0","endTime":"0","summary":"Southwest Airlines  plans to cut 1,750 corporate jobs, including senior leadership roles and directors, as it works to implement a previously announced transformation plan.The carrier said late Monday that the planned layoffs represent about 15% of its workforce. Among the affected are 11 senior leadership positions, also reflecting 15% of Southwest's senior management committee.\"This decision is unprecedented in our 53-year history, and change requires that we make difficult decisions,\" Chief Executive Bob Jordan said in a statement. \"We are at a pivotal moment as we transform Southwest Airlines into a leaner, faster, and more agile organization.\". The company in September launched a three-year strategic plan that it said at the time could deliver $500 million run rate of cost savings in 2027. The separations announced on Monday will be substantially completed by the end of the second quarter.The company announced last week that it tapped Tom Doxey, who most recently served as preside","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/southwest-airlines-cut-15-workforce-161155034.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4008","BK4500","BK4585","BK4588","LUV"],"gpt_icon":0},{"id":"2512689761","title":"Morning Movers: Medtronic dips following third quarter results","url":"https://stock-news.laohu8.com/highlight/detail?id=2512689761","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512689761?lang=en_us&edition=fundamental","pubTime":"2025-02-18 21:55","pubTimestamp":1739886957,"startTime":"0","endTime":"0","summary":"Check out this morning’s top movers from around Wall Street, compiled by The Fly. HIGHER – Southwest (LUV) up 2% after announcing a 15% reduction i...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/morning-movers-medtronic-dips-following-third-quarter-results?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/morning-movers-medtronic-dips-following-third-quarter-results?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4588","BK4008","LUV","BK4500","BK4585"],"gpt_icon":0},{"id":"2512159908","title":"BUZZ-Southwest rises after announcing first-ever layoffs","url":"https://stock-news.laohu8.com/highlight/detail?id=2512159908","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512159908?lang=en_us&edition=fundamental","pubTime":"2025-02-18 20:12","pubTimestamp":1739880739,"startTime":"0","endTime":"0","summary":"BUZZ-Southwest rises after announcing first-ever layoffs** Shares of U.S. budget carrier Southwest Airlines LUV.N rise nearly 2.4% in premarket trading** The Dallas-based carrier announced on Monday plans to cut 15% corporate jobs, or about 1,750 roles, in the first-ever round of layoffs in its history** Layoffs include 15% of the co's senior management committee** Co estimates savings of $210 mln in FY25 and $300 mln in FY26, excluding lay-off related costs** Co estimates one-time layoff-related charges ranging between $60 mln and $80 mln, expected to be incurred in Q1 FY25** \"This decision is unprecedented in our 53-year history,\" said Chief Executive Officer Bob Jordan** As of December 31, 2024, company had 72,450 full-time employees** LUV shares are down nearly 10% YTD; peers Delta Air Lines DAL.N and United Airlines UAL.O have climbed more than 7%  ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250218:nL3N3P90XF:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["DAL","LU0310800965.SGD","LUV","BK4588","BK4585","LU1267930227.SGD","LU0052756011.USD","IE00BFMHRM44.USD","UAL","BK4008","BK4500","LU0128525689.USD"],"gpt_icon":1},{"id":"2512156499","title":"Southwest Airlines to cut 1,750 corporate positions in first nonvoluntary layoffs in 53-year history","url":"https://stock-news.laohu8.com/highlight/detail?id=2512156499","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512156499?lang=en_us&edition=fundamental","pubTime":"2025-02-18 19:45","pubTimestamp":1739879100,"startTime":"0","endTime":"0","summary":"Move comes as airline seeks to cut costs and create a leaner company able to compete. Southwest Airlines Co.'s stock rose 2.4% early Tuesday, after the carrier said it's cutting 1,750 corporate positions, equal to 15% of that group, as it moves to cut costs and create a leaner organization.The cuts will impact senior leadership and directors, including members of the senior management committee, and are expected to be mostly completed by the end of the second quarter.\"This decision is unprecedented in our 53-year  history, and change requires that we make difficult decisions,\" Chief Executive Bob Jordan said in prepared remarks.Southwest has prided itself on the fact that it has never had involuntary layoffs - not even after the 9/11 terrorist attacks or the 2008 financial crisis.\"We are at a pivotal moment as we transform Southwest Airlines  into a leaner, faster and more agile organization,\" he said.The company is expecting to book one-time pretax charges of $60 million to $80 millio","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4588","BK4500","BK4008","LUV","BK4585"],"gpt_icon":0},{"id":"2512137461","title":"Southwest Airlines Shares up 1.7% Premarket After Co to Cut 15% of Corporate Jobs","url":"https://stock-news.laohu8.com/highlight/detail?id=2512137461","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512137461?lang=en_us&edition=fundamental","pubTime":"2025-02-18 18:18","pubTimestamp":1739873909,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250218:nL3N3P90S3:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4585","BK4588","LUV","BK4500","BK4008"],"gpt_icon":0},{"id":"2512113621","title":"Southwest Airlines to Slash 1,750 Corporate, Leadership Roles in Restructuring","url":"https://stock-news.laohu8.com/highlight/detail?id=2512113621","media":"MT Newswires Live","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512113621?lang=en_us&edition=fundamental","pubTime":"2025-02-18 16:44","pubTimestamp":1739868243,"startTime":"0","endTime":"0","summary":"Southwest Airlines  said Monday it will reduce its workforce by 1,750 mosrly corporate and leadership employees inas part of a restructuring.The layoffs represent about 15% of corporate jobs and include senior leadership and director posts, including vice presidents, and will be mostly complete by H2 2025.The company said it estimates savings from the layoffs will total $210 million in 2025 and $300 million in 2026, excluding expected one-time Q1 2025 charges of $60 million to $80 million in severance payments and post-employment benefits.President and Chief Executive Officer Bob Jordan said the changes will make the airline \"into a leaner, faster, and more agile organization.\"","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4008","BK4588","BK4500","BK4585","LUV"],"gpt_icon":0},{"id":"2512318957","title":"PRESS DIGEST- Wall Street Journal - Feb 18","url":"https://stock-news.laohu8.com/highlight/detail?id=2512318957","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512318957?lang=en_us&edition=fundamental","pubTime":"2025-02-18 14:00","pubTimestamp":1739858458,"startTime":"0","endTime":"0","summary":"PRESS DIGEST- Wall Street Journal - Feb 18Feb 18 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250218:nL3N3P90G3:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0496365809.HKD","LU2505996681.GBP","LU2592432038.USD","LU1718418525.SGD","LU2129689514.USD","LU1244550221.USD","LU0640476718.USD","LU1496350171.SGD","LU1670627923.USD","LU1989763005.USD","LU0211327993.USD","LU0251131958.USD","LU0912757837.SGD","LU1366192091.USD","LU2361045086.USD","BAC","LU0787776722.HKD","LU0267386448.USD","LU0052756011.USD","LUV","BK4559","IE00BJTD4N35.SGD","LU2242649171.HKD","LU0251142724.SGD","LU2361044949.HKD","LU2125154778.USD","LU1244550494.USD","LU1363072403.SGD","LU0289960550.SGD","IE00B7SZLL34.SGD","LU0868494617.USD","LU0211326839.USD","LU1074936037.SGD","LU2456880835.USD","LU1267930573.SGD","DAL","LU0128525929.USD","LU2089284900.SGD","LU2237443382.USD","IE00BLSP4239.USD","BK4500","PSON.UK","LU0203345920.USD","LU2125154935.USD","LU2129689431.USD","LU1481599808.USD","IE000M9KFDE8.USD","LU0306807586.USD","LU0477156797.USD","LU0048573561.USD"],"gpt_icon":0},{"id":"2512618985","title":"Southwest Airlines’ First Major Job Cut in 53 Years Is Set to Reduce 15% Staff","url":"https://stock-news.laohu8.com/highlight/detail?id=2512618985","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512618985?lang=en_us&edition=fundamental","pubTime":"2025-02-18 13:55","pubTimestamp":1739858111,"startTime":"0","endTime":"0","summary":"Southwest Airlines ($LUV) is about to implement its first-ever major job cut in 53 years, reducing 15% of its corporate staff. The layoffs are aime...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/southwest-airlines-first-major-job-cut-in-53-years-is-set-to-reduce-15-staff?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/southwest-airlines-first-major-job-cut-in-53-years-is-set-to-reduce-15-staff?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4500","LUV","BK4008","BK4585","BK4588"],"gpt_icon":0},{"id":"2512186348","title":"PRESS DIGEST- New York Times business news - February 18","url":"https://stock-news.laohu8.com/highlight/detail?id=2512186348","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512186348?lang=en_us&edition=fundamental","pubTime":"2025-02-18 13:41","pubTimestamp":1739857299,"startTime":"0","endTime":"0","summary":"PRESS DIGEST- New York Times business news - February 18Feb 18 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not v","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250218:nL3N3P90BE:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1989773731.SGD","IE00BFMHRM44.USD","BK5149","LU1267930227.SGD","BK4008","BK5004","LU1487256676.USD","LU0171293334.USD","LU0310800965.SGD","BK4588","LUV","BK4500","PSON.UK","LU0128525689.USD","LU1481599808.USD","BK4585","LU0052756011.USD","DAL","LU1481600234.SGD","LU1989763005.USD"],"gpt_icon":0},{"id":"2512030069","title":"Southwest Airlines is slashing 15% of its corporate workforce, its first major layoffs in 53 years","url":"https://stock-news.laohu8.com/highlight/detail?id=2512030069","media":"Associated Press Finance","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512030069?lang=en_us&edition=fundamental","pubTime":"2025-02-18 09:35","pubTimestamp":1739842529,"startTime":"0","endTime":"0","summary":"Southwest Airlines is eliminating 1,750 jobs, or 15% of its corporate workforce, in the first major layoffs in the company's 53-year history.The Dallas-based airline said Monday that the job cuts would be focused almost entirely on “corporate overhead and leadership positions,” including senior leadership and directors. Eleven senior leadership positions, representing 15% of the company's senior management committee, are being eliminated.The job cuts, which are scheduled to be mostly completed by the end of June, are part of a plan by the airline to slash costs and transform the company into a “leaner, faster, and more agile organization,” Southwest CEO Bob Jordan said in a statement.“This decision is unprecedented in our 53-year history, and change requires that we make difficult decisions,\" Jordan said.Southwest estimated that the job cuts will save the company about $210 million this year and roughly $300 million in 2026.The two sides reached a truce in October to avoid a proxy figh","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/southwest-airlines-slashing-15-corporate-013529506.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4588","BK4500","BK4008","LUV","BK4585"],"gpt_icon":0},{"id":"2512890657","title":"Southwest Airlines is cutting 15% of its workforce in its first-ever mass layoff. Read the CEO's full memo to employees.","url":"https://stock-news.laohu8.com/highlight/detail?id=2512890657","media":"businessinsider.com","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512890657?lang=en_us&edition=fundamental","pubTime":"2025-02-18 07:46","pubTimestamp":1739835977,"startTime":"0","endTime":"0","summary":"Southwest Airlines is cutting 15% of its corporate workforce, or 1,750 employees, the carrier said.They're the first major layoffs in Southwest's 53-year history and come amid profitability woes.Read ","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.businessinsider.com/southwest-airlines-memo-layoff-workforce-2025-2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"businsider_highlight","symbols":["BK4588","BK4008","LUV","BK4500","BK4585"],"gpt_icon":0},{"id":"2512974774","title":"Southwest Will Cut 15% of Corporate Jobs. It's the Airline's First-Ever Layoffs. -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2512974774","media":"Dow Jones","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512974774?lang=en_us&edition=fundamental","pubTime":"2025-02-18 07:41","pubTimestamp":1739835660,"startTime":"0","endTime":"0","summary":"Southwest Airlines is taking drastic steps as it tries to catch up to peers, slashing some 15% of its corporate workforce. The cuts mark the company's first-ever layoffs, a move it hopes will save it millions this year and next as it struggles with recent underperformance.Barron's noted last week that Southwest was making big changes as it grapples with multiple issues. Its stock lagged behind those of its highflying peers as recent tailwinds for carriers, like travel demand and newer fleets, have largely benefited the legacy airlines over discounters. In addition, it's fighting a government lawsuit related to delayed flights and activist investor Elliott Investment Management.Nonetheless, the job cuts are a blow for Southwest: It had long been a point of pride for the company that it had never had involuntary layoffs -- even after industry flashpoints like 9/11 and Covid-19 -- and its distinct corporate culture helped it stand out among carriers.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4585","BK4008","LUV","BK4500","BK4588"],"gpt_icon":0},{"id":"2512725459","title":"Southwest Airlines to Slash Corporate Workforce in First Mass Layoff -- 2nd Update","url":"https://stock-news.laohu8.com/highlight/detail?id=2512725459","media":"Dow Jones","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512725459?lang=en_us&edition=fundamental","pubTime":"2025-02-18 07:30","pubTimestamp":1739835000,"startTime":"0","endTime":"0","summary":"Southwest Airlines is slated to shed 15% of its corporate workforce, eliminating about 1,750 jobs in an effort to cut costs and streamline the carrier's operations.The cuts are a first for Southwest, which hadn't previously conducted a mass layoff in its 53-year history. They mark one of the most tangible signs of a shift in the airline's practices after a battle with activist investor Elliott Investment Management last year.Even as rival airlines and companies across industries have culled staff in tough times, the company avoided broad forced job cuts during economic recessions, as well as after the Sept. 11, 2001, terrorist attacks and during the Covid-19 pandemic. The track record has been a point of pride among executives and engendered loyalty within its workforce.The airline last month said it would freeze hiring and promotions and pause most summer internships. It canceled rallies typically held in cities around its network to communicate with and celebrate far-flung employees ","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4516","BK4564","BK4588","BA","BK4500","LU1429558221.USD","LU1435385759.SGD","BK4551","BK4008","LU2326559502.SGD","BK4187","LUV","BK4585"],"gpt_icon":1}],"pageSize":16,"totalPage":13,"pageCount":5,"totalSize":200}]}}