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

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

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