Posts Tagged ‘American Express’

American Express to eliminate 4,000 jobs

Tuesday, May 19th, 2009

NEW YORK - In an attempt to cut another $800 million in costs, American Express will eliminate 4,000 jobs.

Don't leave home without it!

Don't leave home without it!

That’s about 6% of the firm’s global workforce.

While a number of affected workers were notified of the layoffs in recent days, company spokeswoman Joanna Lambert said the rest will be informed later. That always makes for a pleasant situation. .

The recent layoffs follow the 7,000 layoffs announced in October of last year.

Job security? Don’t leave home without it.