DALLAS — Southwest Airlines has announced an "unprecedented" mass layoff, cutting over 1,700 jobs. Monday, Southwest announced it is cutting 15% of its corporate and leadership workforce. "This decision is unprecedented in our 53-year history," Southwest President and CEO Bob Jordan said in a statement.

The airline's Executive Vice President & Chief Transformation Officer Ryan Green's departure coincides with the company’s first major layoffs in its history. Southwest said his departure is unrelated to the 11 senior officials laid off earlier this week.

Southwest Airlines will lay off 1,750 employees at its Dallas headquarters for the first time in its history. DALLAS — For the first time in its 53-year history, Southwest Airlines announced it will be laying off hundreds of workers at its Dallas headquarters.