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AmEx CEO says company to cut 5% of total workforce

Katherine Langford
Editor-in-Chief · Friday, October 23, 2026 at 12:44 PM · 1 min read
AmEx CEO says company to cut 5% of total workforce — KFGO, Bangalore Business news
Image: KFGO

Oct 23 (Reuters) American Express ​took ‌a restructuring charge ‌in ​the ⁠third quarter ⁠for a plan expected to ​eliminate ⁠about ⁠5% ​of its ​global workforce, CEO ‌Stephen Squeri ⁠told analysts on an ⁠post-earnings ‌call ⁠on ​Friday. (Reporting ‌by Manya ​Saini in ⁠Bengaluru; Editing by Tasim ​Zahid)

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