Back to NewsRead Original Read Original Read Original Read Original
STRONGAI LAYOFF
Visa: 7,000 jobs cut
October 25, 2023USFinancial ServicesVisa
Visa announced it will cut 7% of its workforce, amounting to approximately 7,000 jobs, as part of an efficiency push influenced by AI advancements. The company aims to streamline operations amidst the evolving landscape of work driven by artificial intelligence.
Conservative
0
Core Estimate
5,250
Upper Bound
7,000
Sources
PrimaryFuturismJuly 28, 2026
Visa is cutting 7% of employees in efficiency push as AI reshapes work - CNBC
FuturismJuly 28, 2026
Visa Announced Layoffs Ahead of Earnings Beat, as AI and Restructuring Accelerate - Barron's
FuturismJuly 28, 2026
Visa to lay off 7% of staff as efficiency push deepens - Reuters
FuturismJuly 28, 2026
Evening digest: Visa cuts 7% jobs, Meta-BlackRock join hands for AI data center - Invezz