• American Express to cut 4,000 jobs (access required)

    by Associated Press

    Published: May 19,2009

    Time posted: 11:57 am

    Tags: American Express, layoffs

    NEW YORK - American Express said Monday it is eliminating about 4,000 jobs as part of a plan to slash another $800 million in costs for the remainder of the year.The layoffs represent about 6 percent of the New York-based credit card issuer's current global work force. Many of the affected workers were notified in recent ...





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