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Visa Lays Off Execs Amid AI Push | San Francisco News

Visa Lays Off Execs Amid AI Push | San Francisco News

Published 5 days ago
Description

Visa just laid off 320 employees—including six VPs, 37 senior directors, and top engineers—highlighting that no job is safe in the AI-driven restructuring era. The move follows their $2.4B acquisition of Israeli AI firm BioCatch, which detects fraud through typing patterns and touch behavior, as Visa pushes to lead in cybersecurity. This echoes warnings from tech leaders like Jack Dorsey and mirrors layoffs at Mastercard and PayPal, signaling AI’s disruptive force across all levels of the workforce.

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