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Live On CNBC, American Express CFO Says Job Cuts Are To "Prepare For AI"

Oct 23, 2026 · 11:39 AM ET· updated 1h ago

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Why It Matters

American Express is letting some workers go to get ready for AI. When companies make big changes like this, watch if they use the savings wisely.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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