Visa to Cut 7% of Its Global Workforce as AI Reshapes Its Technology and Product Teams

My take: The 7% cut Visa announced today, roughly 2,600 positions out of 34,100, is not just a corporate news item: it is one of the clearest signals this year of how artificial intelligence is reorganizing work inside large companies. Reductions fall primarily on technology and product teams, and CEO Ryan McInerney was direct in his internal memo: AI is reshaping the way work gets done at Visa, and savings will be reinvested in higher-growth areas like cross-border payments and commercial client services.

What stands out to me is not the headcount number, but where the cuts land. Technology and product are exactly the teams where AI was assumed to still require constant human oversight. Visa reducing them says that oversight no longer requires the same number of people.

If you work in technology or in any function where operational efficiency matters, the question is concrete: how much of your work are you doing in a strategic and differentiated way? And if you are a manager or team leader, are you measuring not just whether your team uses AI, but how they are integrating it to generate more value?