Southwest Airlines is slashing 15% of its corporate workforce, its first major layoffs in 53 years

Southwest Airlines is eliminating 1,750 jobs, or 15% of its corporate workforce, in the first major layoffs in the company's 53-year history.

The Dallas-based airline said Monday that the job cuts would be focused almost entirely on "corporate overhead and leadership positions," including senior leadership and directors.

Eleven senior leadership positions, representing 15% of the company's senior management committee, are also being eliminated.

Southwest CEO Bob Jordan said the job cuts are part of a plan by the airline to slash costs and transform the company into a "leaner, faster, and more agile organization in a statement.

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'The greatest gift that I can give,' Non-profit launches a wheelchair dance class

Breaking barriers and moving to the beat! One local dance company is making it possible for young people in wheelchairs to move and groove like everyone else. Good for your mental health, good for your physical health and good for your dose of positive news today. I hope you check out what they're doing!

-Rebecca Schleicher