Layoffs · Visa · Jul 28, 2026
Visa cuts 2,600 employees in efficiency push
The payments processor cuts 7% of workforce, citing AI and automation.
−2,600jobs affected
Visa is cutting 2,600 employees, or 7% of its workforce, according to CNBC. The company announced the layoffs as part of what it described as an efficiency initiative driven by AI and automation reshaping work.
The cuts affect staff across the company's operations. No additional details about which divisions or regions face the largest impact were disclosed in available reporting.