The Chonkerton

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

business

Visa is cutting roughly twenty-six hundred employees—about seven percent of its workforce—as CEO Ryan McInerney moves to streamline the payments company. Per CNBC, the restructuring is framed as an efficiency push tied to artificial intelligence.

Source: https://www.cnbc.com/2026/07/28/visa-is-cutting-7percent-...

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