Visa cuts 2,600 roles globally as AI restructuring reaches India tech hubs
Visa is reportedly eliminating about 7% of its global workforce while redirecting investment toward AI and agentic AI. Technology and product teams in India, where Visa employs more than 3,500 people, are among those affected, underscoring AI-led operating-model shifts in payments.
Visa is cutting about 2,600 roles globally, with India technology hubs among the most affected. The payments company is redirecting resources toward AI and agentic AI, hitting technology and product teams despite strong individual performance reviews.
Why this matters
The reported cuts follow Visa's earlier India restructuring, which reportedly affected 1,400 roles, while its Payment Passkey launches in India show continued investment in payment technology and checkout automation.
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