Visa

Stated reason: Cutting ~7%, mostly tech and product teams; AI helps cut repetitive work and speed development, though company said AI isn't the only reason. $563M charge.

Why 82: Company names AI/automation among the stated reasons for the cuts; also: Cost-cutting / efficiency · Drivers: AI attribution +4.1, industry AI exposure +0.6, role AI exposure +0.2

Signals: attribution 0.85, primary 0.0, exec 0.0, role exposure 0.894, industry exposure 0.858, AI investment 0.0, contrary 0.0 · typical Technology roles (no roles named)

Headcount basis: announced · WARN: 390 workers at 2 site notice(s)

Sources (4)

• www.reuters.com/business/world-at-work/visa-plans-cut-7-workforce-bloo
• www.americanbanker.com/payments/news/visa-layoffs-will-cut-7-of-its-wo
• edd.ca.gov/siteassets/files/jobs_and_training/warn/warn_report1.xlsx
• esd.wa.gov/employer-requirements/layoffs-and-employee-notifications/wo