[BUSINESS]■ STORY TIMELINE

VISA CUTS 2,600 JOBS AS CEO SHIFTS STRATEGY

Visa is eliminating approximately 2,600 positions, representing 7% of its workforce, with cuts concentrated in tech and product teams. CEO Ryan McInerney is redirecting resources toward stablecoin development and emerging offerings.

1 SOURCEFIRST SEEN JUL 28, 02:40 PM► READ THE ARTICLE

Techmeme+0m

Memo: Visa is cutting ~2,600 jobs, or ~7% of staff, primarily affecting tech and product teams; source: Visa plans to reinvest in stablecoin and other offerings (Paige Smith/Bloomberg)

Paige Smith / Bloomberg: Memo: Visa is cutting ~2,600 jobs, or ~7% of staff, primarily affecting tech and product teams;…

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