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Visa is letting go 100s from workforce in Bay Area

  • Visa is laying off hundreds of employees in the Bay Area, including senior vice presidents, vice presidents, senior directors, directors, engineers, and technical program managers.
  • The impacted employees will receive severance packages, counseling, and outplacement assistance.
  • This layoff round follows a previous round in November, where 91 employees were let go.
  • Visa had planned to reduce its workforce by around 1,400 employees and contractors by the end of 2024 as part of an effort to streamline its global operations.

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