📰 GeneralCNBCFriday, October 23, 2026 at 1:29 PM UTC1h ago

American Express is cutting 5% of its workforce to 'prepare for AI'

Amex, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, CEO Stephen Squeri said Friday

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Originally published by CNBC. Summary and curation by DutyStation News.

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American Express is cutting 5% of its workforce to 'prepare for AI'

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