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Economy · India

Amex to cut 3,500 jobs globally despite raising 2026 profit forecast

Outlet: The Times of India · ARYAN SINGH · Published 23/10/2026 13:48 UTC

Only The Times of India reports this: no contrast yet

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In a bid to boost operational efficiency, American Express announced it will be laying off around 3,500 employees worldwide. Despite reporting better-than-expected third-quarter earnings and upgrading its full-year forecast for 2026, the company is dealing with a decline in billed business and a looming regulatory fine for compliance issues. This restructuring is aimed at enhancing workflow while ensuring continued growth and customer loyalty.

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Source
https://timesofindia.indiatimes.com/business/international-business/amex-to-cut-3500-jobs-globally-despite-raising-2026-profit-forecast/articleshow/135147846.cms
Published
23/10/2026 13:48 UTC
Captured
23/10/2026 14:10 UTC
Text fingerprint
030b793bb6491aea · 537 words
Changes detected
0
Archived copy
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