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Business · 2 hours ago

American Express cutting 3,500 jobs, about 5% of staff, partly because of AI

American Express cutting 3,500 jobs, about 5% of staff, partly because of AI

Pentagram Studio via Wikimedia Commons (CC0 1.0 Universal Public Domain Dedication)

Amex is undertaking its most substantial job cuts in almost ten years, though the credit card company did not specify which departments or locations would be affected. Chief Financial Officer Christophe Le Caillec said the aim is a leaner company that's ready for AI, even though profits are up.

By BriefTea Editorial ·

Reported by aol.co.uk · How we write briefs

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