A Southwest Airlines flight narrowly avoided a collision with a private jet at Chicago Midway International Airport, prompting an investigation by federal authorities. The incident highlights concerns about runway safety and air traffic control communication.
Southwest Airlines has announced its first mass layoffs, cutting 1,750 corporate and leadership positions as part of a broader effort to streamline operations and reduce costs. The layoffs, affecting approximately 15% of its corporate workforce, are expected to save the airline $300 million annually.
Southwest Airlines is implementing its first-ever mass layoffs, cutting 1,750 corporate jobs as part of a broader strategy to save costs and improve profitability. The move comes amid pressure from activist investor Elliott Investment Management and rising labor costs.