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Bob Jordan

Bleak cost-cutting package at Southwest Airlines

The American airline Southwest Airlines reports that 15 percent of administrative employees – approximately 1,750 people – will be laid off this year, as part of a cost-cutting package. "This decision is unprecedented in our 53-year history, and changes require us to make tough decisions," says CEO Bob Jordan in a press release [according to CNBC](https://www.

Bleak cost-cutting package at Southwest Airlines