Layoffs in Corporate Information Technology Visa executives should be ashamed of how they handled these layoffs. Just weeks after celebrating record earnings and profits, they sat behind scripted talking points and treated people like disposable line items in a revolving door operation. While bringing in the largest intern groups in the matter of a week. There was no humanity, no accountability, and no meaningful acknowledgment of the impact on employees and families.
What’s even more concerning is the false narrative being pushed that AI will somehow absorb the workload of the people they eliminated. That simply is not reality. Visa has not implemented mature, effective AI capabilities capable of replacing the operational knowledge, leadership, and technical expertise that walked out the door. The result will be the same pattern seen in many corporations: fewer people doing double the work while executives protect margins and shareholders applaud temporary cost cuts.
What makes this even worse is the culture that remains behind. Fear-based leadership, outdated management practices, and forced “NS/NS” (Needs Strengthening) labels used to create paper trails and justify targeted exits. It’s an old-school corporate playbook disguised as performance management. Simply put…Bad Bosses.
The remaining employees will now carry significantly heavier workloads while operating under executives driven by ego, hierarchy, and optics rather than modern leadership principles. Instead of building psychologically safe, high-performing teams, the environment rewards politics, pressure, and survival mode.
Companies talk endlessly about innovation, AI Transformation, Psychological Saftey yet many leaders still manage people like it’s 1998.
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