Thread regarding VISA Inc. layoffs

Visa guts executives who were paid nearly $500K in latest round of AI layoffs

https://www.sfgate.com/tech/article/visa-layoffs-ai-22374291.php

No Senior Vice President and EVP level impacted...It shows you, it pays to Earn MORE than $500K to be safe.

detailed 320 job cuts at the credit card company’s Foster City campus, which included 6 Vice presidents. Thirty-seven senior directors, 16 chief engineering or architect roles and dozens of senior software engineering, research and technical roles

Vice president roles at the Foster City office paid between $235,700 and $458,000,

massive acquisition of BioCatch, an Israeli AI fraud detection company, in a $2.4 billion cash deal.


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| 2 views | | 2 replies (last 21 days ago) | Reply
Post ID: @OP+1kz7mrw9h

2 replies (most recent on top)

😂 Layoff Bonus!

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Post ID: @11q+1kz7mrw9h

And yet there are still 100s of directors who have 0 people reporting to them in the system

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Post ID: @dw+1kz7mrw9h

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