Visa reportedly cuts 1,400 roles in India in AI-led restructuring
Visa has reportedly laid off about 1,400 employees in India—nearly 40% of its local workforce—including roughly 500 engineers, as part of a global efficiency programme. The cuts affect its Bengaluru technology operations despite India’s strategic role in digital commerce and payments.
Visa has reportedly laid off about 1,400 employees at its Bengaluru technology centre, nearly 40% of its India workforce, as part of an AI-driven efficiency restructuring. The cuts span product, technology and non-technical roles, despite India’s strategic digital-commerce role.
Why this matters
The reported cuts contrast with Visa's recent India product push: it rolled out Payment Passkey for biometric online card checkouts and positioned passkeys as an alternative to OTPs.
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