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American Express to Cut 5% Of Workforce As It Expands AI Automation

American Express plans to cut 5% of its global workforce as it accelerates automation and prepares for greater use of artificial intelligence, CEO Stephen Squeri announced Friday. The reductions are expected to affect approximately 3,500 positions, with around 60% concentrated in support…

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American Express to Cut 5% Of Workforce As It Expands AI Automation

Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders.

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