62d ago

Visa cuts 7% of headcount right after growing headcount 8% last year, calls it "reinvesting in highest potential opportunities." Translation: AI let them staff up, test, then trim tech and product job

Visa cuts 7% of headcount right after growing headcount 8% last year, calls it "reinvesting in highest potential opportunities." Translation: AI let them staff up, test, then trim tech and product jobs while volume-based revenue keeps insulating them from any risk. https:// journalrecord.com/2026/07/28/v isa-cut-2600-jobs-efficiency-ai-investments/

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Visa cuts 7% of headcount right after growing headcount 8% last year, calls it "reinvesting in highest potential opportunities." Translation: AI let them staff up, test, then trim tech and product job

mastodon:infosec-exchangeother62d ago kagi ↗

Visa cuts 7% of headcount right after growing headcount 8% last year, calls it "reinvesting in highest potential opportunities." Translation: AI let them staff up, test, then trim tech and product jobs while volume-based revenue keeps insulating them from any risk. https:// journalrecord.com/2026/07/28/v isa-cut-2600-jobs-efficiency-ai-investments/