American Express cuts 3,500 jobs, 5% of staff, to 'prepare for AI' American Express said Friday it will cut about 5% of its global workforce, roughly 3,500 jobs, with a $336 million charge, even as profit beat forecasts. #Finance
us-brief.comAmerican Express cuts 3,500 jobs, 5% of staff, to 'prepare for AI'American Express said Friday it will cut about 5% of its global workforce, roughly 3,500 jobs, with a $336 million charge, even as profit beat forecasts. Its finance chief told CNBC the cuts prepare the company for AI; shares fell more than 3%.
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