American Express Announces Plans to Cut 3,500 Jobs Amid Similar Corporate Reductions
Kai Rizdahl noted that American Express plans to cut 3,500 jobs, representing about 5% of its workforce. This reduction follows similar recent layoff announcements by eBay, Volvo, and Barclays.
“light of the announcement from American Express that it's going to cut 3,500 jobs, about 5% of its workforce. That follows cuts this week by eBay, Volvo, and Barclays.”
Kai Rizdahl
Heard on Marketplace — “Your 401(k) is probably invested in AI”, published Friday, October 23, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.