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AmEx Travel Section Bears The Brunt Of Layoffs

by Kirk Siegler, NPR
January 11, 2013

American Express has announced plans to eliminate 5,400 jobs in the coming year. Expenses rose faster than revenue for the credit card giant and fourth quarter profits were down sharply. The company said the largest reductions would come in the global travel business.

Broadcast Dates

  • Morning Edition, January 11, 2013
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