AmEx CEO says company to cut 5% of total workforce
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/24/2026
- Wall Street closes lower to end rocky week
- Meta's capital-raising plans expose a major weakness in the AI boom
- Oil prices jump $3 on Houthi attacks, oil spill, highest settlement since April
- BofA flags further downside risk for stocks, yields and dollar
- SpaceX cell-site ambitions lift tower stocks and weigh on carriers
Tweet
Share
E-mail
FILE PHOTO: An American Express credit card mockup is seen in this illustration taken July 17, 2026. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo
Oct 23 (Reuters) - American Express took a restructuring charge in the third quarter for a plan expected to eliminate about 5% of its global workforce, CEO Stephen Squeri told analysts on an post-earnings call on Friday.
(Reporting by Manya Saini in Bengaluru; Editing by Tasim Zahid)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- AI-powered cyber threats light a fire under cybersecurity stocks
- Wells Fargo Names Top Pick Ahead of Q3 Earnings
- Robert Half stock rises as analysts lift targets after Q3 results
Create E-mail Alert Related Categories
General News, ReutersRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
