New York, Oct 23, 2026 (AFP) - American Express cutting 5 percent of global workforce

NAMPA / AFP

2026-10-23

American Express announced Friday it is cutting five percent of its global workforce, or around 3,800 jobs, while it revamps operations as artificial intelligence roils the payment industry. The restructuring will make AmEx a "more agile and efficient organization," Chief Executive Stephen Squeri told analysts on an earnings conference call. "When completed, we believe this exercise will help us operate and execute more effectively and give us gr......

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