Visa lays off hundreds in Bay Area after record $19.7B profit
Briefly

"Both rounds of November cuts slashed workers from Visa's upper management, including four senior vice presidents and several directors. The latest layoffs additionally affected engineers and technical program managers."
"Visa was planning to lay off 1,400 employees and contractors by the end of the year. About 1,000 of those cuts were expected to impact technology roles."
"Visa spokesperson Fletcher Cook emphasized that the new cuts are a part of the overall restructuring but confirmed that they don't reflect a decrease in the workforce overall."
Read at SFGATE
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