Visa Plans To Axe 7% of its Workforce in Efficiency Push

Visa is expected to slash as many as 2,600 positions — about 7% of its workforce — in a move to increase efficiency, CEO Ryan McInerney said. “I have deep conviction that we are doing what is right for Visa, our clients and our partners as we continue to focus on driving efficiency across the company in order to reinvest in our highest potential opportunities,” McInerny said (more).