Visa Cuts Jobs Amid AI Shift | Spokane News

Visa is trimming tech and product roles to boost efficiency and reinvest in high-potential areas, joining a wave of AI-driven workforce adjustments at giants like Mastercard and Block. While AI fuels productivity by automating repetitive tasks, it also fuels job displacement concerns. Analysts see Visa’s move as strategic — the company’s solid performance and global reach across 200+ countries position it well, even as consumer spending holds. Despite the cuts, Visa’s stock edged up, reflecting investor confidence in its $683B market cap and resilience in the fast-evolving commerce landscape. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f4311914dea366d3