Market Analysis
Elliott Investment Management Drives Southwest’s Historic 1,750 Job Layoffs
Southwest Airlines plans to lay off 1,750 employees, marking its first major job cuts in 53 years, to save $210 million this year.
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XLM$0.1953-3.57%
BTC$62,495.00-2.10%
ETH$1,662.50-3.31%
USDT$0.99890.00%
USDC$0.9998-0.01%
XRP$1.11-1.51%
SOL$69.43-3.23%
TRX$0.329-1.30%
FIGR_HELOC$1.03-0.16%
HYPE$62.14-5.95%
DOGE$0.0788-3.89%
USDS$0.9997+0.01%
RAIN$0.0156-2.27%
LEO$9.54+0.05%
ZEC$416.96-5.64%
XLM$0.1953-3.57%
PepsiCo shares surge over 4% in premarket trading after Elliott Management reveals $4 billion stake and presents turnaround plan.
Southwest Airlines plans to lay off 1,750 employees, marking its first major job cuts in 53 years, to save $210 million this year.