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 Airlines says it's not filling some jobs and summer internships this year as the company looks to lower costs.

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.

Southwest Airlines is hitting pause on corporate hiring, promotions and summer internships to cut costs after months of pressure from an activist investor. The Dallas-based airline is also halting its “Southwest Rallies,

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