Southwest Air Says 28% of Workers Applied to Take Leave or Exit

Photographer: Patrick T. Fallon/Bloomberg
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Southwest Airlines Co. said 28% of its workforce has agreed to leave the company permanently or temporarily, boosting the carrier’s effort to preserve cash.

About 4,400 employees have elected to exit Southwest for good and their applications will all be accepted, Chief Executive Officer Gary Kelly said Monday. In addition, almost 12,500 have signed up for extended “emergency time off” and Southwest will determine soon how many of them can be granted leave based upon the company’s operational needs.