EconomyAmerican Express to cut 5% of workforce to prepare for AI
American Express plans to cut 5% of its workforce. CEO Stephen Squeri said Friday the company is taking a $336 million restructuring charge in the third quarter; it reported its quarterly results earlier that day.
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CNBC★★★☆☆2026-10-23 13:59Original
American Express to cut 5% of workforce to prepare for AI
Economy