Business

American Express Workforce Cuts

Updated 2026-10-23 13:35 UTC 1 source Negative

American Express is cutting 5% of its workforce, taking a $336 million restructuring charge. The company reported third-quarter results earlier this week.

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CNBC
Amex, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, CEO Stephen Squeri said Friday.
2026-10-23 13:29 UTC
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