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International Business Times
International Business Times
Business

Visa Is Reportedly Planning To Cut Thousands Of Jobs. AI Played a Role In The Decision

Visa Xbox Meta Microsoft
Visa is planning to cut thousands of jobs in an efficiency push, according to a new report. (Credit: Getty Images)

Visa is planning to cut thousands of jobs in an efficiency push, with AI playing a role in the decision, according to a new report.

Bloomberg News detailed that the company is set to cut 7% of its workforce, or about 2,600 jobs. Most of the layoffs will take place in the technology and product teams.

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