Southwest Airlines to Hire 1,000 Staff at New India Hub
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Source: Newsfilter
- Global Capability Center Launch: Southwest Airlines has opened its Global Innovation Center in Hyderabad, India, planning to scale hiring to about 1,000 staff over the next few years to enhance tech capabilities and support global operations.
- Short-Term Hiring Goals: The airline has already hired over a dozen employees and aims to increase this to 200 in the near term, focusing on core engineering roles such as platform, cloud, and network engineering to meet technology-driven business needs.
- Strategic Shift in Hiring: The new center is not intended to function as a traditional back-office hub but is focused on building technology-infused business capabilities, reflecting the company's commitment to leveraging India's engineering and AI talent while aligning with U.S. government initiatives to encourage domestic hiring.
- Space and Expansion Plans: Southwest has leased approximately 20,000 square feet in Hyderabad, capable of accommodating around 200 employees immediately, and while no precise timeline for expanding to 1,000 employees was provided, the company emphasized a focus on expanding at the 'right pragmatic scale.'
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Analyst Views on LUV
Wall Street analysts forecast LUV stock price to rise
14 Analyst Rating
4 Buy
9 Hold
1 Sell
Hold
Current: 40.780
Low
34.00
Averages
44.21
High
60.00
Current: 40.780
Low
34.00
Averages
44.21
High
60.00
About LUV
Southwest Airlines Co. (Southwest) operates Southwest Airlines, a passenger airline that provides scheduled air transportation in the United States and near-international markets. The Company's fare products include four categories: Wanna Get Away, Wanna Get Away Plus, Anytime, and Business Select to provide customers options when choosing a fare. It also offers ancillary services, such as EarlyBird Check-In, Upgraded Boarding, and transportation of pets and unaccompanied minors, in accordance with Southwest’s respective policies. Its Rapid Rewards loyalty program enables program members to earn points for every dollar spent on Southwest base fares, also including purchases paid with LUV Vouchers, gift cards, or flight credit, with no portion of the purchase price paid with Rapid Rewards points. It operates over 803 Boeing 737 aircraft in its fleet and serves 117 destinations in 42 states, the District of Columbia, the Commonwealth of Puerto Rico, and ten near-international countries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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