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Southwest Airlines has ‘difficult decisions’ ahead
Southwest Airlines has ‘difficult decisions’ ahead as it works to boost profit, COO says in video message
Southwest Airlines’ chief operating officer has told staff there are “difficult decisions” ahead, as the troubled airline seeks to move back to profitability under pressure from activist investor Elliott Investment Management.
Southwest Airlines tells staff ‘difficult decisions' ahead in push to boost profits
The airline isn’t planning to announce furloughs, but it could cut its footprint in certain cities and staff could transfer to other locations.
Southwest warns employees of 'difficult decisions' ahead: report
The remarks come amid pressure from activist investor Elliott Investment Management, which has advocated for numerous changes at Southwest to improve its financial performance.
Southwest Airlines warns of ‘difficult decisions’ to boost profitability amid competition
Southwest Airlines is making major changes, including assigned seating and network adjustments, as it seeks profitability under pressure from Elliott Investment Management.
Southwest Airlines warns of ‘difficult decisions’ to restore profits
Steps Southwest Airlines has already announced, including ditching a 50-year history of not assigning seats, offering a premium product and beginning
Southwest Airlines warns staff of 'tough decisions' ahead, Bloomberg reports
Southwest Airlines has warned employees that it will soon make tough decisions as part of a strategy to restore profits and counter demands from activist investor Elliott Investment Management, Bloomberg News reported on Saturday.
Southwest Airline Warns of 'Tough Decisions' Ahead
The faltering airline's leadership is preparing a series of cost-cutting measures to counter an activist investor's attempt to revamp the c-suite, according to a Bloomberg report.
Texas Monthly
19h
Southwest Airlines Faces a Decisive Fight Over Its Future
What would it mean to run
Southwest
Airlines
to
Elliott
’s liking? The firm offers a snapshot of its vision through a ...
4d
on MSN
Elliott still wants Southwest Airlines CEO Bob Jordan out, union says
Southwest Airlines CEO Bob Jordan and executive chairman Gary Kelly would be long gone by now if one vocal activist investor ...
In Depth
6d
In Depth
Exclusive: Activist Elliott tells Southwest Air mechanics it still wants CEO's ouster, memo says
Activist investor Elliott Investment Management told one of Southwest Airlines' top unions it still wants to replace CEO ...
13d
Southwest Airlines Agrees to Board Changes After Pressure From Elliott
The airline has been under pressure from the hedge fund Elliott to replace its top management and make other changes to ...
13d
on MSN
Southwest Airlines to keep CEO despite Elliott’s call of ‘inadequate’ management
Southwest Airlines’ stock fell Tuesday, after the air carrier expressed confidence in Chief Executive Bob Jordan’s leadership ...
5d
on MSN
Elliott Management wants Southwest CEO out
Elliott Management wants Bob Jordan out as Southwest Airlines ( NYSE: LUV) CEO and executive chairman Gary Kelly to leave ...
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