NOVEMBER 26, 2024 — 202 CALIFORNIA LAYOFFS
The company has announced 192 layoffs in San Mateo, California, and another 10 in San Francisco, California. The layoffs will take effect on January 21, 2025.
According to a company spokesperson, “We expect to grow the number of employees at Visa this year, next year, and for the foreseeable future. However, we continuously evolve our operating model to better serve clients and accelerate innovation and growth, which can lead to the elimination of some roles.”
OCTOBER 30, 2024 — Original Blog
San Francisco, California-based Visa, a multinational electronic payment card services provider, is restructuring its international business and reducing its workforce.
The reduction in force will impact 1,400 employees and contractors, with the majority of positions involving technology positions, while the rest will focus on merchant sales and global digital partnerships roles. Layoffs are scheduled to occur before the end of 2024.
According to a spokesperson, The company continually evolves to serve clients and support growth, which can lead to eliminating some roles.”
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?