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Saturday, October 24, 2026Updated 00:51 UTC

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American Express profits rise; company plans to cut workforce by 5%, or about 3,500 employees

Source: AP News · Oct 23, 2026 16:12 UTC

Row of international flags on flagpoles in Vancouver — File photo Stpe1981 / Flickr · CC BY-SA 2.0 · Source

The Quick Take

American Express profits rise; company plans to cut workforce by 5%, or about 3,500 employees AP News American Express is cutting 5% of its workforce to 'prepare for AI' CNBC Amex Stock Drops After Company Joins List of Those Cutting Jobs WSJ American Express profit jumps as customers stick with the $895 Platinum Card ABC News - Breaking News, Latest News and Videos Amex to Slash 5% of Headcount a

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