Wednesday, October 7, 2026 Global edition
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American Express is cutting 5% of its workforce to 'prepare for AI'

Amex, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, CEO Stephen Squeri said Friday.

Engineer skillfully soldering components on a motherboard in a tech workshop.

Photo: Mikhail Nilov / Pexels

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