Visa plans to lay off about 1,400 employees and contractors by the end of the year as part of its strategy to streamline its operations at the international level. This decision was made in connection with the company's desire to optimize its structure and improve the effectiveness of business processes.
A Visa representative noted that these changes are aimed at ensuring a more flexible and adaptive work model for the company, which will assist its further development and successful operations in a changing economic environment.
He emphasized: "We understand that such decisions are difficult for our employees, and we are focused on providing them support during this period of change and helping them transition to new opportunities."
The planned personnel reductions are intended not only to streamline the company's structure but also to make it more competitive and capable of adapting in the current financial services market.
