This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Paul Singer founded Elliott Investment Management L.P., a Florida-based hedge fund known for its investor activism,

Southwest said that it will continue to evaluate its hiring needs on an ongoing basis to determine when it makes the most sense to restart hiring.

The airline said it would honor internship offers already made but pause all "non-contract internal and external hiring.” As part of the moves to limit “discretionary costs,” the company also does not plan to host the annual rallies where Southwest employees gather to celebrate past accomplishments and hear about future initiatives from corporate executives.

Southwest Airlines is implementing cost-cutting measures by pausing some hirings, internships and employee events to lower costs.

Southwest Airlines is hitting the pause button on ... Elliott, the fund led by billionaire investor Paul Singer, has built a minority stake in Southwest and advocated for changes it says will ...

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A Southwest Airlines flight was delayed multiple hours this week after a pilot was reportedly arrested and charged with DUI before takeoff in Georgia.

A Southwest Airlines pilot was arrested Wednesday at a Georgia airport just before takeoff and accused of driving under the influence, according to airline officials and authorities in Georgia.

The pilot was later charged with driving under the influence, records from the local sheriff's office show.

Southwest Airlines removed a pilot from duty after he ... CBS News identified the pilot as David Paul Allsop. He allegedly smelled of alcohol and may have showed other signs of impairment.

Southwest Airlines is pausing corporate hiring to cut costs, a company spokesperson confirmed to Business Insider. The spokesperson said the airline was "pausing all noncontract internal and ...