Southwest bends further to activist shareholder Elliott’s demands
Southwest is in the midst of a transformation that led it to announce Tuesday the first-ever involuntary layoffs.
Activist Elliott to Seek Phillips 66 Board Seats
With a more-than-$2.5 billion stake in Phillips 66, Elliott has pushed for a streamlining of the oil refiner and seeks more ...
Southwest Airlines Layoffs: Low-cost carrier cuts 15% corporate workforce. Here’s why
Southwest Airlines’ move to layoff corporate workforce comes as a bigger plan to save costs as the company faces pressure ...
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Southwest Airlines to lay off 15% of its corporate workforce in bid to cut costs
Southwest Airlines is planning to eliminate an estimated 1,750 positions — about 15% of its corporate workforce — in what ...
Paul Singer's Elliott Management bets against Nvidia after calling it a 'bubble' and saying AI is 'overhyped'
Elliott Management had "at least $600 million in downside exposure" to Nvidia stock at the end of December, one analyst said.
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Southwest to lay off 15% of its corporate staff, including senior leadership
Southwest Airlines said Monday it will cut 15% of its corporate workforce, or 1,750 people — the first mass layoffs in the ...