American Express is cutting 5% of its workforce to 'prepare for AI'Amex, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, CEO Stephen Squeri said Friday.{}

Amex, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, CEO Stephen Squeri said Friday.https://www.cnbc.com/2026/10/23/american-express-job-cuts.html