Payments giant Visa will cut about 2,600 jobs worldwide, roughly seven per cent of its workforce, as Chief Executive Officer Ryan McInerney ties a major restructuring to an artificial intelligence push and plans for expansion into faster‑growing markets, according to an internal memo confirmed on Tuesday.
The workforce reduction amounts to roughly seven per cent of the total staff count worldwide. These targeted cuts will primarily impact the technology and product divisions, as the company seeks to streamline operations and evolve how work gets done.
