← Back to feed Tech & Digital

American Express layoffs: Thousands of roles slashed in AI push as job losses in financial services pile up

Fast Company 23 October 2026 14h ago
American Express layoffs: Thousands of roles slashed in AI push as job losses in financial services pile up
57
Relevance
14/25
Freshness
8/25
Authority
25/20
Brand Signal
6/15
Depth
4/15
Relevance Freshness Authority Brand Depth
It hasn’t been a good week for workers in the banking and financial sector. Yesterday, UK banking giant Barclays announced it was laying off 5% of its workforce , or nearly 5,000 workers, as it transitions more of the bank’s operations to artificial intelligence systems. Across the Atlantic this morning, an American financial giant made a similar announcement. The American Express Company (NYSE: A
Read Full Article → Fast Company ↗