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US Business · reuters.com · Wednesday, 29 July 2026

Visa slashes 2,600 jobs to accelerate AI‑driven efficiency

Visa announced it will eliminate about 2,600 positions – roughly 7% of its global staff – focusing on technology and product teams. CEO Ryan McInerney says the move is needed to drive AI‑powered efficiency and free capital for higher‑growth opportunities, a shift that could pressure peers to follow suit.

Read the source: reuters.com ↗In the 29 July issue →