American Express to Cut 3,500 Jobs Despite Raising 2026 Profit Forecast
American Express announced it will cut 3,500 jobs globally, representing about 5% of its workforce, as part of efforts to reduce expenses and prepare for AI integration. Despite the job cuts, the company raised its profit forecast for 2026, signaling confidence in future growth. The CEO emphasized cost reduction while investing in technology advancements.
The Times of India·




