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American Express is cutting 5% of its workforce to ‘prepare for AI’

Stocks - Investing and trading for all·Puginator·about 20 hours ago
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American Express CEO Stephen Squeri said Friday the card company is eliminating 5% of its global workforce. The firm, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, Squeri told analysts.…

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American Express is cutting 5% of its workforce to 'prepare for AI'
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American Express is cutting 5% of its workforce to 'prepare for AI'

US Top News and Analysis·3 days ago
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Amex, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, CEO Stephen Squeri said Friday.

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