American Express to Cut 5% of Workforce, Raises 2026 EPS Outlook
American Express plans to cut 5% of its global workforce and raised its full-year 2026 EPS outlook while maintaining its revenue growth forecast.
American Express Company (AXP) shares drew investor attention on Friday after the company reported third-quarter results and raised its full-year 2026 earnings per share (EPS) outlook while maintaining its revenue growth forecast.On the Q3 earnings call, CEO Stephen Squeri said American Express rec…