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Visa to eliminate 7% of workforce as CEO pushes efficiency plan: Report HTX Refer And Earn HTX Creation Challenge — Post and Win 1,500U 💥 Visa is reducing its workforce by about 2,600 employees, or ro

Visa to eliminate 7% of workforce as CEO pushes efficiency plan: Report



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Visa is reducing its workforce by about 2,600 employees, or roughly 7%, in an effort to improve operational efficiency as competition in digital payments intensifies.

CEO Ryan McInerney said in a company memo obtained by Bloomberg that the layoffs would largely affect the technology and product teams. Visa employed about 34,100 people at the close of its last fiscal year.

McInerney said the company is reshaping how it operates to better position itself for future growth, arguing that greater efficiency will enable Visa to reinvest in higher-potential businesses. He noted that AI is accelerating software development and changing how employees work, although it is said that the technology was not the sole reason for the job reductions.



Visa to eliminate 7% of workforce as CEO pushes ef

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MANTA community is optimistic and bullish on privacy-focused L2 progress, though engagement is low. On Jul 26, Manta docs reiterated Atlantic deprecation and urged users to unstake/migrate before late

Global payments giant PayPal highlighted stablecoins and artificial intelligence-driven payment tools as part of its second-quarter strategy while crypto assets remained part of its earnings reconcili

PayPal expands stablecoin push as crypto assets factor into Q2 results

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George Town, Cayman Islands, July 28, 2026 — Toobit, the award-winning global cryptocurrency exchange, today announced the return of the Toobit International Futures Tournament (TIFT) 2026, featuring 

Toobit brings back International Futures Tournament with 3,000,000 USDT prize pool

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HTX Creation Challenge — Post and Win 1,500U 💥Discuss Hot Assets , Enter the Lucky DrawHTX Refer And Earn Cryptocurrency holders face a July 29 deadline in Maine due to conflicting rules in the state 

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Cryptocurrency holders face a July 29 deadline in Maine due to conflicting rules in the state government's handbook regarding when unclaimed funds trigger seizure.

Maine's five-year cryptocurrency dormancy period rule will take effect on July 29, but the handbook still lists three years.

02. Businesses lack guidance on the first reporting cycle and how to transition balances from the old to the new timetable.

03. Liquidation is conditional; native cryptocurrency transferred to the state government is typically frozen for one year.

Maine's new unclaimed virtual currency property rule will take effect on July 29, with a five-year dormancy period, while the state treasurer's current reporting handbook still shows three years. This inconsistency leaves businesses holding customer cryptocurrency without published transition guidance when the regulation takes effect.




Cryptocurrency holders face a July 29 deadline

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