Topics regarding layoffs at American Express Co.

Topics regarding layoffs at American Express Co.

Get ready folks!

It wouldn’t be a bad idea to save every penny you can, refresh your skills, spruce up your resume, and keep networking to survive any layoffs that are planned for 2021. Make no mistake, whether it’s in the beginning of the year or towards the end -... — read more 

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| 209210 views | | 1 reply (November 20, 2020)
Post ID: @OP+17MmclpU

2021 Layoffs being Planned now

Sounds like American Express is looking at layoffs to start 2021. They committed to nothing for 2020, but 2021 is another story. The Corp Card business did just remove the leader and brought in someone else. He is known for cutting staff quickly. — read more 

GET READY- Consumer Banking Quarter

Reduction will continue as the bank anticipates bigger losses in the 3rd quarter from commercial and consumer loans going sour, as the pandemic tightens its grip on the economy, and said it would set aside $10.5 billion to cover them. That's in... — read more 

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| 141460 views | | no replies yet
Post ID: @OP+16c7MpLN

Job situation in the Tempe office

Hi, I have been offered a full time position in the Tempe office in the technology division. Can anyone tell me what the current situation is in Tempe?

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| 83910 views | | 1 reply (October 25, 2018)
Post ID: @OP+UqQknvO

Ongoing layoffs

American Express is a good place to work at, apart from continuous layoffs that have little logic to it. Latest two rounds make it seem as if they get a number they need to fulfill (for operating costs reductions or whatever,) and they just choose... — read more 

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| 14460 views | | 2 replies (last October 9, 2017)
Post ID: @OP+OnYbpWu

Aug 2016 - Phoenix

Another round of big layoffs. Lots of departments going to India. Train your Indian replacement first!

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| 6700 views | | 4 replies (last March 7, 2017)
Post ID: @OP+IWBcD1D

Fire American workers

American Express went downhill fast when their motto was fire American workers and force them to train their #H1B replacements or Indian outsourced workers in order to get severance. Year after year until their quality was below Capital One. No... — read more 

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| 4850 views | | 1 reply (August 10, 2016)
Post ID: @OP+GcE56kp

Six Scammers - Fraud Share Buy-Backs

Six companies, per Philly.com, that lost the most buying back their own shares. The companies with the biggest paper losses are as follows: IBM: - $9.8 billion Qualcomm: -$7.4 billion American Express: -$4.1 billion Exxon Mobil: -$3.9 billion Hess:... — read more 

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| 3410 views | | no replies yet
Post ID: @OP+FTComp0

American Express Layoffs 2016

What is the likelihood of American Express layoffs in New York in 2016? Please let me know if you have any information.

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| 5100 views | | 6 replies (last March 1, 2016)
Post ID: @OP+EjrZ87r

American Express Layoffs - Q1 2015

I think it was announced that 6% of the total workforce will be let go - this was a few days ago. There is a lot of anxiety here right now as people do not know who will be affected and how many people will be affected in each group. The execs did... — read more 

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| 3580 views | | 2 replies (last January 30, 2015)
Post ID: @OP+zMjLnX3

2008 layoffs...

When the recession hit we announced 10% of workforce cuts - we delivered. That was almost 10,000 people. American Express is good at this - apparently that saved us a couple of billions, we destroyed many lives but who cares about that - we are... — read more 

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| 3441 views | | no replies yet
Post ID: @OP+t83cdoV

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