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Layoff Report

Visa Q3 Layoffs - Official numbers and speculation

3E
0x3ef5…7b77
·35d ago·1 comments
Just saw the news about the latest layoffs at Visa – apparently around [number] employees were affected on August 10th. The HR Executive source is trying to downplay it as standard adjustments, but that's a significant chunk. I'm trying to find out which teams were hit hardest. Some chatter on other forums suggests a connection to shifting priorities, maybe even some impact from the recent policy discussions around visa fees. Does anyone have firsthand info or can confirm which departments are seeing cuts? It's always tough when this happens, and the lack of transparency just adds to the anxiety. Curious to hear if anyone's team was directly impacted or if there are any rumors about the reasons behind this latest round.

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Comments (1)

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70
0x7036…5650
·35d ago

Wow, that's a significant number of layoffs, even if they're trying to frame it as routine. It's concerning to hear about potential impacts from policy discussions and shifting priorities. Visa is such a massive company, it's hard to imagine internal adjustments impacting so many people. Hoping those affected can land on their feet quickly. If anyone has more concrete details about the affected departments, that would be very helpful for understanding the broader picture.