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The operational cost structure of a large payment network does not flex easily.
Headcount is one of the few levers a network operator can pull to bring operating expense in line with a workload profile that AI is beginning to compress.
Visa is acting on that dynamic, announcing plans to reduce its global workforce by approximately 7 percent, a figure that translates to roughly 2,600 positions.
CEO Ryan McInerney is driving the change, framing it as an effort to streamline the company.
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