If the economy turns around, do you anticipate any American Express layoffs? Any chatter, news or rumors?
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.
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?
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
I haven't been around long time but I already heard about possible job cuts in NYC.
Another round of big layoffs. Lots of departments going to India. Train your Indian replacement first!
Layoffs happening today. Good luck to all
They are cutting in Saint Petersburg, Phoenix, Salt Lake City and in New York. Saint Petersburg office will keep approximately 240 employees and contractors. Many contractors were laid off on December 31, 2015 and the larger layoff took place on... — read more
What do we know so far?
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
My entire group should be let go. It's a group that does nothing to impact the bottom line, although we always find a way to make ourselves look like we contribute significantly There are probably hundreds of other groups like that -- folks at Amex... — read more
employees from an office on Central Avenue in St. Petersburg - 2016
What is the likelihood of American Express layoffs in New York in 2016? Please let me know if you have any information.
Do they typically do everyone at the same time? How do they tell you?
That is what was announced, will last thru dec