Visa plans to cut about 2,600 jobs, representing seven percent of its workforce. These job reductions will primarily impact the technology and product teams within the company. The move aims to enhance efficiency in a challenging payments industry environment. Visa is scheduled to release its quarterly financial results later today. The company has not yet provided an immediate comment on the reported layoffs.

July 28 : Visa plans to cut 7 per cent of its workforce, or about 2,600 jobs, a company spokesperson said on Tuesday, about six months after a similar step by its closest peer as…

July 28 : Visa plans to cut 7 per cent of its workforce, or about 2,600 jobs, Bloomberg News reported on Tuesday, citing a staff memo, as the payments processor seeks to become…