American Express (AXP) is reducing its headcount by 5% globally to counteract rising costs, the company told analysts in a call after its Q3 earnings were released on Friday.
Chairman and CEO Stephen Squeri said the staff reduction is designed American Express (AXP) is reducing its headcount by 5% globally to counteract rising costs, the company told analysts in a call after its Q3 earnings were released on Friday
Chairman and CEO Stephen Squeri said the staff reduction is designed