Visa to Cut 7% of Workforce as CEO Seeks to Revamp Company (bloomberg.com)

The layoffs will continue until the wealthy are satisfied.

It does not suprise me with a potential hike in interest rates on the horizon, also might be due to AI. Maybe the CEO just want some new perspectives to upgrade the workforce to a utopian AI world.

Paywall: <https://archive.is/83Hia>