Why is suddenly everybody and their mother talking about layoffs at American Express? What did I miss?

I prefer to be focused on my work, and doing it well gives me satisfaction. I can’t deal with office politics. It’s toxic and a waste of time. I wish we had better managers who would cut that cr-p, but they are famously unsupportive while some... — read more 

Is there going to be any reorg or American Express layoffs? Any chatter, news or rumors?

Has anyone been in this role that would recommend it, especially based on the current commission structure? I am highly interested but it seems like the repeated feedback is the money you are said to be making with commission is never achievable.

Hi. I’ve been at a financial services company for about 25 years and was sent this job on LinkedIn. Any advice on working at AMEX or these areas in general? . “This position will report to the leader of SOBA, with a dotted line directly to the... — read more 

Anyone waiting for a promotion after a restructuring...big mistake. When our manager was made redundant, all of the juniors were then consolidated under a single manager. So more juniors reporting into a middle manager. How is it that Amex has a... — read more 

Amex is laying off at NYC with no proper reason. Please avoid joining here at all costs!

See article: https://www.theregister.com/2024/03/04/american_express/ Don't worry, we gonna market our way out of this, we only leaked a couple thousand Amex credit card details in the USA, ignoring the 16 times we did beforehand in 2023. This is... — read more 

With a looming recession and increased cost of borrowing and people relying on credit cards to make ends meet. I anticipate that there will be an increase in defaults. This will impact the bottom line of Amex. We can see this in bonus changes, and... — read more 

Amex is over staffed in Platinum from the VP over hiring. Is he being held accountable? Of course not. They are cutting bonuses for reps instead. Lovely company

It feels surreal working (now worked) for a Credit Card company...having come from a background where you were taught to get good grades, go to school and get a job that pays a measly salary to keep you well housed, fed and distracted from other... — read more 

Do you think Amex is so cheap that they have to resort to petty RTO mandates to reduce their workforce instead of paying out redundancies?

Hey folks, AMEX employee here. Anyone feeling like there is a forced attrition or forced resignation so that AMEX doesn't pay severance or unemployment? If you feel like leadership has turned, only way to catch them is with data points. i.e. multiple... — read more 

If the market makes a turn soon, do you think there will be American Express layoffs? Any chatter, news or rumors?

Amex committed to no layoffs during pandemic almost 3 years ago. Now back to its historical headcount high of 62K for the last 3 years as seen in link below. As the recession advances this year and cardmember spending slows this headcount number... — read more 

Capital one is laying off employees cutting depts by 50% in zoom meetings?! With a recession upon us, is anyone hearing any talk on our end? It’s giving me anxiety worrying about job security every day. This reminds me of 2009.

What do you current Amex folks think about the recent announcement to hire a bunch of tech people? I worked at Amex many years ago, well before Ravi, Squeri and a few other CIOs were there. I think Glen was the CIO when I left.

Anyone else concerned about layoffs?

I just hate it how very political everything here is.

https://www.thelayoff.com/t/1ehUnz2h @OP+1ehUnz2h

How likely is that there will be American Express layoffs? Any chatter, news or rumors?

American Express has been layoff-crazed since the early 90s. It is the singular go-to for cost savings by an old school, unimaginative leadership team. I worked there for over 30 years before getting laid off as one if 1500 in early 2020. While I am... — read more 

Why is it so quiet here? Is it possible that nothing new is happening? At the beginning of the year I was told that I was no longer needed. At first I went through a horribly stressful period, but now I finally got a new job. I just came to see how... — read more 

Keep moving on! There IS life, after Amex. Let it go................😎 The sun WILL shine again.

Is there anyone here who hasn’t felt favoritism on their own skin? For the hundredth time, I’ve convinced myself that it’s not worth being productive here. Many great workers left this company one way or another, just because they were not favorites... — read more 

16+ years... had one of my best years in 2021 and was let go.... you get exposed to a lot of new stuff and new ideas, but Amex is not known for retaining talent as they don’t want to pay people what they are worth..... I have to agree with the... — read more 

I worked at American Express for over 30 years, and what I learned in that time is invaluable. Initially, I was so impressed with the management and the leadership and the employee treatment. That changed over the years, and now the company is known... — read more 

Why get rid of so many of the best employees? People with the most knowhow and experience? People who it will take at least two others to replace? So many who were cut didn't deserve it while some of the constant underperformers are still here. Can... — read more 

I know there were layoffs yesterday but there is very little information available on what happened and how many were affected. Does anybody know about what was hit? How bad it really was? And most importantly, is it done or can we expect more in the... — read more 

Have you heard anything about potential American Express Layoffs 2021? Any news or rumors?

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 

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 

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 

What's the impact and what are your thoughts?

Info request - what's the total headcount at the co? How many people are employed at NYC?

If you’ve been here a while you know the drill, due to restructuring Hearing more are coming.

Do you think there will be American Express Layoffs 2020? Any news or rumors?

Do you think there may be small/medium/large American Express Layoffs in 2019?

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?