Promotions, not job cuts, follow Southwest's holiday chaos,Southwest Airlines announced a number of executive promotions on Monday, days after announcing that last month’s service meltdown will cost the company up to $825 million, but none of the changes involved the highest ranking officers. The airline said the changes “will strengthen our operational execution” while also saying they were long-planned and a continuation of restructuring that began in September under a new CEO, Robert Jordan. Four of the five executives getting promoted joined Southwest in 2001 or before, although one left for five years before returning to the Dallas-based airline.
Promotions, not job cuts, follow Southwest’s holiday chaos
Southwest Airlines announced a number of executive promotions on Monday, days after announcing that last month’s service meltdown will cost the company up to $825 million, but none of the changes involved the highest ranking officers. The airline said the changes “will strengthen our operational execution” while also saying they were long-planned and a continuation of restructuring that began in September under a new CEO, Robert Jordan. Four of the five executives getting promoted joined Southwest in 2001 or before, although one left for five years before returning to the Dallas-based airline.
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