American Express cuts 5% of staff and won’t let AI agents ‘run rogue’

American Express is cutting about 5% of its global workforce and taking a $336M restructuring charge. Chief executive Stephen Squeri told analysts about the cuts on Friday, CNBC’s Hugh Son reported. The company had almost 77,000 employees at the end of 2025, according to CNBC. Chief financial officer Christophe Le Caillec told CNBC the restructuring […] This story continues at The Next Web

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