The Times of IndiaBusiness
Amex to cut 3,500 jobs despite higher 2026 outlook
American Express plans to cut about 3,500 jobs worldwide to improve efficiency. The move comes despite stronger-than-expected third-quarter earnings and a higher 2026 profit forecast, as the company faces weaker billed business and a looming regulatory fine over compliance issues.
This card is an AI-assisted summary of reporting published by The Times of India. Read the original report before relying on it for medical, legal, financial, safety, or emergency decisions.