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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.
Southwest announced in September that it would revamp its board and that its chairman would retire in 2025, in a partial concession to hedge fund Elliott Investment Management, which has been ...
In June 2024, Elliott Management announced that it had taken a $1.9 billion position in Southwest Airlines and would seek to oust leadership at the carrier, arguing it had "failed to evolve" citing "leadership’s stubborn unwillingness to evolve the Company’s strategy."
Southwest Airlines planes on Aug. 24 in San Diego. ... executives will map out the company’s plan to cut costs and grow revenue as pressure mounts from activist investor Elliott Investment ...
Southwest Airlines is girding itself for a fight with Elliott Investment Management, rallying support from investors and employees to face down an activist investor looking for wholesale changes ...
Southwest Airlines has warned employees that it will have to make “difficult decisions” ahead to boost profits as the carrier faces pressure from activist Elliott Investment Management, which ...
Southwest CEO Bob Jordan is “all about execution” on the airline’s turnaround efforts after surviving the airline’s bitter battle with activist investor Elliott Investment Management.
Flight cancellations from what was unofficially dubbed Winter Storm Elliott were inevitable, creating chaos at most airlines for a day. But for Southwest Airlines and its outdated crew-scheduling ...
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related to: elliott investment management southwest airlines careersEmployment.org has been visited by 100K+ users in the past month