New York: American Express on Wednesday said that it plans to cut more than 4,000 jobs this year, about 6 percent of its total workforce. The New York-based charge card company said the cuts are part of a companywide efficiency drive. The announcement came The announcement to do business in Cuba comes just days after American Express announced that it will cut more than 4,000 jobs from its U.S. and international operations. “The actions we are taking will impact over 4,000 people at a cost of $313 million American Express Co. said Wednesday it planned to cut its workforce by 4,000 jobs to reduce costs. Marina Hoffman Norville, a spokeswoman for the US banking group and a leading issuer of credit cards, said it was taking a $313 million charge in its fourth American Express, which reported fourth-quarter results, was not immediately available for comment when contacted by Reuters. CNBC reported that the 4,000 planned job cuts was a "gross figure" and that the company would hire selectively. American Express More than 4,000 employees of American Express Co. will lose their jobs over the next year as part of a restructuring program at the credit card company, a spokeswoman said. The planned redundancies contributed to a restructuring charge taken by the world's NEW YORK: American Express Co. said on Wednesday (Jan 21) it planned to cut its workforce by 4,000 jobs to reduce costs. Marina Hoffman Norville, a spokeswoman for the US banking group and a leading issuer of credit cards, said it was taking a US$313 .
NEW YORK (AP) -- American Express is planning to cut more than 4,000 jobs across the company this year, a company spokeswoman told The Associated Press. The job cuts would represent about 6 percent of American Express' total headcount, based on the company American Express said Wednesday it plans to cut more than 4,000 jobs this year, about six per cent of its total workforce. The New York-based charge card company said the cuts are part of a company-wide efficiency drive. The announcement came as it New York — American Express said Wednesday it plans to cut more than 4,000 jobs this year, about 6% of its total workforce. The New York-based charge card company said the cuts are part of a companywide efficiency drive. The announcement came as it .
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