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American Express is cutting 5% of its global workforce, about 3,500 jobs, and taking a $336 million charge as it says the move is part of preparing for AI.Read original on X
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The company says the cuts are part of preparing for AI, showing how large financial firms are restructuring their workforces.
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American Express is cutting 5% of its global workforce, about 3,500 jobs, and taking a $336 million charge as it says the move is part of preparing for AI.Read original on X
American Express cuts 3,500 jobs and takes $336 million charge
American Express cuts 3,500 jobs and takes $336 million charge for AI
American Express cuts 3,500 jobs in preparation for AI
American Express cuts 3,500 jobs as it prepares for AI