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JetBlue Eliminates Jobs in Step Toward $300 Million in Cost Cuts

  • Carrier declines to say how many workers will be laid off
  • Changes are a ‘meaningful step’ toward cost reduction goals
A JetBlue Airways Corp. 

A JetBlue Airways Corp. 

Photographer: Mark Kauzlarich/Bloomberg

JetBlue Airways Corp. is eliminating an unspecified number of jobs in the latest phase of its campaign to cut as much as $300 million from operating costs by 2020.

The reductions follow a reorganization of certain teams within the airline to streamline operations, the carrier said in a statement Friday. JetBlue declined to say how much it will save with the changes, while calling it a “meaningful step toward our corporate structural cost goal.”