Visa to lay off 7% of workforce, cutting 2,600 jobs as payments giant restructures amid AI
Source: TechStartups.com ยท 2026-07-28
Visa is cutting about 2,600 jobs, or roughly 7% of its global workforce, making it one of the largest layoffs in the payments industry this year, according to Bloomberg. The cuts will hit technology and product teams the hardest as the company reorganizes around artificial intelligence, automation, and a leaner operating model. The move comes
Visa is cutting about 2,600 jobs, or roughly 7% of its global workforce, making it one of the largest layoffs in the payments industry this year, according to Bloomberg. The cuts will hit technology and product teams the hardest as the company reorga... [3947 chars]