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via livemint.comBusiness & Companies

American Express to cut about 3,500 jobs, roughly 5% of its global workforce

FROM THE WIRE · LIVEMINT.COM

American Express plans to cut about 3,500 jobs, roughly 5% of its global workforce, as it seeks to streamline operations and improve efficiency. The announcement came alongside stronger third-quarter results and an upgraded 2026 earnings forecast.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe cut comes alongside stronger quarterly results and an upgraded 2026 earnings forecast.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01American Express plans to cut about 3,500 jobs.
  2. 02The cut is roughly 5% of its global workforce.
  3. 03The announcement came alongside stronger third-quarter results.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
American Express CompanyAXPStock312.51 USD-0.26%today -3.89%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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