Southwest Airlines pauses corporate hiring, most summer internships to cut costs
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Southwest Airlines is pausing most summer internships and non-contract hiring to cut costs, as outlined by CEO Bob Jordan in a staff memo.
January 14, 2025 | 12:45 pm
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Southwest Airlines is implementing cost-cutting measures by pausing most summer internships and non-contract hiring, as stated by CEO Bob Jordan.
The decision to pause hiring and internships is a direct cost-cutting measure, which may indicate financial pressures. This could lead to a negative short-term impact on LUV's stock price as investors may perceive this as a sign of financial strain.
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