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San Francisco payments giant Visa announces 2,600 layoffs

Visa plans to eliminate about 2,600 jobs, or roughly 7% of its workforce, as the San Francisco payments giant reorganizes its technology and product operations and expands its use of artificial intelligence. Chief Executive Officer Ryan McInerney informed employees of the cuts in a memo Tuesday,...

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San Francisco payments giant Visa announces 2,600 layoffs

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

Source: Biztoc
https://a2zai.ai/bytes/san-francisco-payments-giant-visa-announces-2-600-layoffs-391d9f91
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