Location: Israel.
Based on news reporting.
American Express Company has announced the closure of its Amex Israel operations, resulting in the layoff of its entire workforce of approximately 100 employees. This decision reflects the company's strategic shift and restructuring efforts. The layoffs are effective immediately, marking a significant operational change for American Express in the region. The closure of Amex Israel is part of a broader trend of companies reevaluating their international operations in response to changing market conditions. The affected employees will be provided with support during this transition.
American Express Company cut 100 jobs as of October 1, 2023.
That is roughly 0.1% of the 74,600 people American Express Company employs.
LayoffTalk has tracked 2 layoff events at American Express Company since October 2023, affecting a combined 100 employees.
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