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American Express

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Today · Monday 26 October

  • United States·Earnings

    American Express to cut 5% of global workforce amid AI restructuring

    American Express plans to cut about 5% of its global workforce as it restructures to improve efficiency and prepare for broader AI adoption, according to its third-quarter earnings disclosure. The move will result in thousands of job cuts and a $336 million charge. The company had nearly 77,000 employees at the end of 2025.

Saturday 24 October