Wednesday, 29 July 2026 · Europe
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EUROPES The European Report
European Edition Wednesday, 29 July 2026
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Tech & Startups

Visa is cutting 2,600 tech jobs to bankroll the tech that threatens it

Visa is cutting 2,600 tech jobs to bankroll the tech that threatens it
The Next Web

Visa is cutting about 2,600 jobs, roughly 7% of its staff, and it is cutting them mostly from the teams that build its technology. The money it saves is going into the payment methods that could one day make those rails matter less. The payments network confirmed the cuts on Tuesday, in a staff memo […] This story continues at The Next Web

This story was reported by The Next Web. EUROPES curates Europe's most relevant coverage — read the full report at the original source.

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