Mastercard Plans To Cut 3% Of Staff Worldwide Amid Overhaul
Portfolio Pulse from Benzinga Newsdesk
Mastercard plans to cut 3% of its global workforce as part of a company-wide overhaul, according to Bloomberg News.
August 16, 2024 | 5:29 pm
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Mastercard is planning to reduce its global workforce by 3% as part of a broader company overhaul. This move is likely aimed at improving operational efficiency and reducing costs.
The reduction in workforce suggests a strategic move to improve efficiency and cut costs, which could positively impact the company's financial performance in the short term.
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