American Express last did mass job cuts in 2013, when it cut 5,400 jobs, mostly in its travel business. (Photo: Karen Bleier, AFP/Getty Images) NEW YORK — American Express said Wednesday it plans to cut more than 4,000 jobs this year, about 6% of its Cindy Mattingly, former travel coordinator for Amylin Pharmaceuticals and American Express, accepts new role in the Cadence travel industry that Cindy hasn't touched in her extensive career," said Don Jones. "Her industry intuition and hands-on AMERICAN Express will slash about 5400 jobs, mainly in its travel business, as it seeks to cut costs and transform its operations as more of its customers shift to online portals for booking travel and other needs. The job cuts will be partly offset by American Express is cutting an estimated 5,400 jobs, with the largest reductions coming in its travel businesses, the company said on Thursday. The company said it is cutting travel jobs because the industry is "being fundamentally reinvented as a result American Express’ business travel operation is to bear the brunt of an estimated 5,400 jobs that will be cut across the company’s worldwide operations. Amex said that it would cut costs as part of a “re-engineering” of its corporate travel division American Express reports it will cut an estimated 5,400 jobs in 2013 as part of a restructuring program The largest cuts will be in travel. One element in the restructuring includes reengineering the business model in Global Business Travel to reduce .
A group of lobbyists and a FedEx Express executive year called OpenSkies.travel, the panel told journalists at the National Press Club in Washington DC Wednesday that the CEOs of the three major consolidated carriers, American Airlines, Delta Air American Express said it will cut about 5,400 jobs over the coming year, and its Global Business Travel unit will take the hardest hit. Kenneth I. Chenault, chairman and chief executive officer, told investment analysts last week that customers have shown LOS ANGELES — American Express Co. said Thursday that it will slash roughly 5,400 jobs, mainly in its travel business, as it seeks to cut costs and transform its operations as more of its customers shift to online portals for booking travel and other needs. LOS ANGELES -- American Express Co. said Thursday, Jan. 10, that it will slash about 5,400 jobs, mainly in its travel business, as it seeks to cut costs and transform its operations as more of its customers shift to online portals for booking travel plans .
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