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At close · Thu, Oct 8, 2026
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Home›Earnings›Previews›Visa to cut about 7% of workforce in efficiency push

Visa to cut about 7% of workforce in efficiency push

The payments company said the reduction will total roughly 2,600 jobs as it streamlines operations under CEO Ryan McInerney.

Reported · Written up by our desk · Previews

Visa plans to cut about 7% of its workforce, or roughly 2,600 employees, as it moves toward greater operational efficiency, according to CNBC.

The cuts are part of a company effort to streamline how it works as AI reshapes roles and processes, CNBC reported.

CNBC said the workforce change reflects a broader push by Visa’s leadership, led by CEO Ryan McInerney, to improve efficiency across the business.

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Sources

CNBC MarketsVisa is cutting 7% of employees in efficiency push as AI reshapes work
CNBC WorldVisa is cutting 7% of employees in efficiency push as AI reshapes work
CNBC FinanceVisa is cutting 7% of employees in efficiency push as AI reshapes work
CNBC FinanceVisa is cutting 7% of employees in efficiency push as AI reshapes work

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