Visa: 2,600 jobs cut across 1 verified AI-attributed event. Verified from company statements and primary sources.
AI-attributed job cuts
Jul 28, 2026: 2,600 jobs. Efficiency restructuring with AI named by the CEO as a key factor in how work gets done. CEO Ryan McInerney (internal memo / fiscal Q3 2026 earnings call): 'AI is also helping to accelerate this evolution and shape the way work gets done at Visa.' AI a key factor but not the only cause: $563M severance charge, reinvesting in stablecoin/blockchain, digital wallets and payment orchestration.