Visa CEO discloses dynamic investment plan during earnings call

Visa is proving that record-breaking profits no longer guarantee job security. Despite beating earnings expectations and generating $11.6 billion in revenue this quarter, the company is still laying off 2,600 employees to "increase efficiency." It’s a cold reminder that even when a company wins, the workers can still lose. Is it justifiable for a corporation to slash 7% of its staff while hitting record financial targets, or is this just corporate greed? What’s your take?
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