Amex to cut roughly 3,500 employees

T2Covered by 1 source · first reported by Payments Dive / Banking Dive at 23 Oct, 15:49 UTC

The card company is reducing its workforce by 4.5% as it aims to become more “agile and efficient” amid increased use of artificial intelligence, CEO Stephen Squeri said.

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Sources

• T2Amex to cut roughly 3,500 employeesPayments Dive / Banking Dive23 Oct, 15:49