Visa is cutting 7% of employees in efficiency push as AI reshapes work

Source: Biztoc.com· cnbc.com· July 28, 2026
Visa is cutting 7% of employees in efficiency push as AI reshapes work

Visa, which runs the world's largest payments network, plans to cut about 7% of its workforce as CEO Ryan McInerney moves to streamline the company and invest more in growth areas, according to a memo confirmed by CNBC. The company plans to eliminate roughly …

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