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Visa to lay off 7% of staff as efficiency push deepens

Visa plans to cut about 2,600 jobs, representing seven percent of its workforce. These job reductions will primarily impact the technology and product teams within the company. The move aims to enhance efficiency in a challenging payments industry environment. Visa is scheduled to release its quarterly financial results later today. The company has not yet provided an immediate comment on the reported layoffs.

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Economic TimesLean R·3h ago
Visa to lay off 7% of staff as efficiency push deepens
Visa plans to cut about 2,600 jobs, representing seven percent of its workforce. These job reductions will primarily impact the technology and product teams within the company. The move aims to enhance efficiency in a challenging payments industry environment. Visa is scheduled to release its quarterly financial results later today. The company has not yet provided an immediate comment on the reported layoffs.
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Visa to lay off 7% of staff as efficiency push deepens

How 1 sources are covering this

Visa to lay off 7% of staff as efficiency push deepens

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