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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…
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