Amex to cut 3,500 jobs globally despite raising 2026 profit forecast
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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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- https://timesofindia.indiatimes.com/business/international-business/amex-to-cut-3500-jobs-globally-despite-raising-2026-profit-forecast/articleshow/135147846.cms
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- 23/10/2026 13:48 UTC
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- 23/10/2026 14:10 UTC
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