Visa Cuts 320 Jobs at Foster City Campus as Part of 2,600-Job Companywide Reduction
SOURCENews reportView the filing ↗
What we know
Location: Foster City, California.
Department affected: management, engineering and research (including vice presidents, senior directors, chief engineering/architect roles and senior software engineering/research/technical roles).
Based on news reporting.
Summary
Visa announced a layoff affecting 320 employees at its Foster City, California campus, disclosed in a California filing on July 31. The cuts include 37 senior directors, 16 chief engineering and architect roles, dozens of senior software engineers, researchers and other technical staff, and six vice presidents. The Foster City reductions are part of a broader, companywide reduction of about 2,600 jobs (roughly 7% of Visa's workforce), according to Bloomberg. Visa CEO Ryan McInerney framed the cuts as steps to drive efficiency and reinvest in higher-potential opportunities, citing AI-driven changes and Visa's recent acquisition of AI fraud-detection firm BioCatch as context.
Visa Inc. cut 320 jobs in CA affecting its management, engineering and research (including vice presidents, senior directors, chief engineering/architect roles and senior software engineering/research/technical roles) team.
That is roughly 1.5% 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.
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