Visa: 2,600 jobs cut
Visa announced it will cut approximately 2,600 tech jobs, representing about 7% of its workforce, as AI automates functions within its payments network engineering. This decision reflects a significant shift towards AI-driven operations, although the company noted that AI was not the sole reason for the layoffs.
Conservative
0
Core Estimate
1,950
Upper Bound
2,600
Sources
Visa Cuts 2,600 Tech Jobs as AI Automates Payments Network Engineering
Visa Cuts 2,600 Tech Jobs as AI Automates Payments Network Engineering A sign is posted in front of Visa headquarters on August 28, 2019 in Foster City, California. Visa is the second-largest card payment organization in the world. Justin Sullivan/Getty Images Visa confirmed Tuesday morning that it will eliminate roughly 2,600 positions — approximately 7% of its global workforce — concentrating the reductions in its technology and product organizations, the very teams that built and operate Vi
Visa is cutting 7% of employees in efficiency push as AI reshapes work
Visa is cutting 7% of employees in efficiency push as AI reshapes work Key Points - Visa plans to eliminate about 2,600 jobs, mostly in its technology and product operations, representing roughly 7% of its workforce. - CEO Ryan McInerney said AI is helping "shape the way work gets done at Visa," while a person with direct knowledge said AI was a significant factor, but not the sole driver, of the layoffs. - Visa intends to reinvest in growth areas including affluent customers, cross-border pay
PYMNTS | Visa Cuts 2,600 Tech Jobs to Fund Stablecoin and B2B Growth
PYMNTS | Visa Cuts 2,600 Tech Jobs to Fund Stablecoin and B2B Growth # Visa Cuts 2,600 Tech Jobs to Fund Stablecoin and B2B Growth By PYMNTS| July 28, 2026 Share on Facebook Tweet This Post Share on LinkedIn Share via Email| Visa is cutting about 2,600 jobs, or 7% of its workforce, primarily from its technology and product teams, Bloomberg reported Tuesday (July 28), citing a staff memo from Visa CEO Ryan McInerney. ## Get the Full Story Complete the form to unlock this article and enjoy u
Visa to lay off 7% of staff as efficiency push deepens - The Economic Times
Visa to lay off 7% of staff as efficiency push deepens - The Economic Times Business News Tech Tech & Internet Visa to lay off 7% of staff as efficiency push deepens # Visa to lay off 7% of staff as efficiency push deepens ReutersLast Updated: Jul 28, 2026, 07:27:33 PM IST Follow us Share Font Size AbcSmall AbcMedium AbcLarge Save ### Synopsis Visa plans to cut about 2,600 jobs, representing seven percent of its workforce. These job reductions will primarily impact the technology and
Visa to Lay Off 2,600 Workers — 7% of Its Workforce — as CEO Ryan McInerney Pursues Efficiency Push Amid AI Transformation
Visa to Lay Off 2,600 Workers — 7% of Its Workforce — as CEO Ryan McInerney Pursues Efficiency Push Amid AI Transformation © Political.org, 2025-2026. All Rights Reserved. Home US Politics Visa to Lay Off 2,600 Workers — 7% of Its Workforce — as CEO Ryan McInerney Pursues Efficiency Push Amid AI Transformation # Visa to Lay Off 2,600 Workers — 7% of Its Workforce — as CEO Ryan McInerney Pursues Efficiency Push Amid AI Transformation 5 Mins read14 Views Photo: Ryan McInerney via Wikipedia /