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Mastercard to lay off 4% of its global workforce, CFO says

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Mastercard to lay off 4% of its global workforce, CFO says

Mar 11, 2026 2:09 AM

Jan 29 (Reuters) - Mastercard ( MA ) has completed a

review of its ‌business that will impact ‍about 4% ⁠of ⁠its

full-time employees, the ‌payment processor's CFO, Sachin Mehra,

said ⁠on ‍Thursday.

"Based on the recent strategic review of ‍our business, we

expect to record a one-time ‍restructuring charge in Q1 of

approximately $200 million," Mehra said on a call with analysts.

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