Southwest Airlines has announced a temporary pause on hirings, internships, and employee events in an effort to reduce costs. The company stated that it is limiting discretionary expenses, including canceling Southwest Rallies for the year, pausing most summer internship positions while honoring existing offers, and halting all noncontract internal and external hiring.
The airline will continuously assess its hiring needs to determine the appropriate time to resume recruitment activities. This decision comes after Southwest's recent announcement of board revamp and the retirement of its chairman by 2025, following pressure from hedge fund Elliott Investment Management.
