American Express profits rise; company plans to cut workforce by 5%
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American Express profits rise; company plans to cut workforce by 5%
Agencies American Express profits rose sharply in the third quarter as it transitioned the vast majority of its members to a new, higher-fee Platinum Card while its well-to-do customers continued to spend aggressively. The company also announced its first major job cuts in roughly a decade, telling»»»
American Express profits rise; company plans to cut workforce by 5%, or about 3,500 employees
NEW YORK: American Express profits rose sharply in the third quarter as it transitioned the vast majority of its members to a new, higher-fee Platinum Card while its well-to-do customers continued to spend aggressively. The company also announced its first major job cuts in roughly ... »»»
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