Southwest Airlines CFO To Retire Amid Company Shake-Up
According to Southwest Airlines, Tammy Romo, the executive vice president and chief financial officer (CFO), and Linda Rutherford, the chief administration officer (CAO), will both retire on April 1.
Southwest CFO to Exit in Latest Shakeup After Activist Fight
Southwest Airlines Co.’s top finance executive plans to step down after more than 33 years with the carrier, extending a leadership overhaul in the wake of an activist campaign by shareholder Elliott Investment Management.
Southwest Airlines is pressing pause on hiring and staff rallies to cut costs
Southwest Airlines is cutting costs. It's pausing corporate hiring, summer internships, and a team-building tradition. The move comes after a dispute with the activist firm Elliott Investment Management. Southwest Airlines is pausing corporate hiring to cut costs, a company spokesperson confirmed to Business Insider.
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Southwest Pauses Corporate Hiring, Most Summer Internships to Cut Costs
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 halts hiring for corporate employees in ‘cost discipline’ move
Southwest Airlines Co. is pausing hiring for management, headquarters jobs and outside workers in a new round of cost cuts following a fight with
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Southwest puts a freeze on corporate hiring and employee rallies
CEO Bob Jordan said, "Every single dollar matters as we continue to fight to return to excellent financial performance."
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Southwest CFO Romo to retire in continuation of management shake-up
Tammy Romo will leave the company on 1 April, a move coming as the Dallas-based airline progresses with revamping its business following several years of lagging profits.
Southwest pauses some hiring and summer internships as the airline looks to reduce costs
Southwest Airlines says it's not filling some jobs and summer internships this year as the company looks to lower costs.
Southwest Airlines pauses some hirings, internships, and rallies to reduce costs
Southwest said that it will continue to evaluate its hiring needs on an ongoing basis to determine when it makes the most sense to restart hiring.
DOT sues Southwest Airlines over 2 ‘chronically delayed’ flight routes
The Department of Transportation is suing Southwest Airlines, accusing it of operating two “chronically delayed flights” in 2022 that resulted in 180 flight disruptions.
Southwest Airlines pauses corporate hiring, most summer internships to cut costs
In September, the company slashed its flights from Atlanta, eliminating jobs, though staff were able to apply to work out of other bases.
Southwest sued by feds for 'chronically delayed' flights
The Department of Transportation is suing the airline for what it characterized as months of "chronically delayed" flights — those that arrive at least 30 minutes late more than half the time.