Visa Plans 70 Permanent Layoffs at Downtown Bellevue Office as Part of 2,600-Job Restructuring

Visa Inc. will cut 70 jobs at its downtown Bellevue office as part of a companywide restructuring that eliminates about 2,600 positions (roughly 7% of its workforce) as the company reorganizes around artificial intelligence. A WARN filed with the Washington State Employment Security Department lists 70 affected Bellevue workers, classifies the separations as a permanent layoff, and states separations are expected to begin October 1, 2026. The eliminated roles include directors, lead engineers, senior employees and two vice presidents as part of a reorganization to rebuild product development around AI and form smaller, more nimble teams. Visa said the cuts will allow reinvestment into priority areas like consumer payments, commercial and money movement services, and other value-added offerings; local Rapid Response teams and WorkSource centers will assist affected employees.

Visa Inc. cut 70 jobs in WA as of October 1, 2026.

That is roughly 0.3% of the 21,000 people Visa Inc. employs.

LayoffTalk has tracked 8 layoff events at Visa Inc. since January 2025, including 688 jobs documented in official WARN filings, with 3 additional events known from news reporting.