Visa to Lay Off 1,400 as It Streamlines International Business

Visa will reportedly lay off 1,400 employees and contractors, including about 1,000 in technology positions, by the end of the year.The company aims to streamline its international business with these cuts, The Wall Street Journal (WSJ) reported Tuesday (Oct. 29).Together with the 1,000 cuts in technology positions, the remainder of the layoffs will impact merchant sales and global digital partnership roles, which are positions that deal with FinTech and tech companies, according to the report.A Visa spokes ...