Southwest Airlines Halts Hiring and Internships in Cost-Cutting Push
The airline pauses corporate hiring, promotions, and most summer internships as part of broader financial recovery efforts following investor pressure.
- Southwest Airlines is pausing corporate hiring, promotions, and most summer internships to reduce discretionary costs, though existing internship offers will be honored.
- The company is suspending its long-standing employee rallies, citing a focus on financial discipline and operational efficiency.
- These measures follow months of pressure from activist investor Elliott Investment Management, which secured five board seats in a settlement last October.
- Southwest has implemented additional changes to boost profitability, including introducing assigned seating, premium options, and overnight flights while cutting unprofitable routes.
- Despite recent cost-saving efforts, Southwest's financial recovery lags behind competitors like United Airlines, Delta Air Lines, and American Airlines.