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Visa to Cut 7% of Workforce as CEO Seeks to Revamp Company (bloomberg.com)
15 points by PhilipA 2 days ago
3 comments

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.
The layoffs will continue until the wealthy are satisfied.