Visa handled more payments last quarter than at any point in the company's history, crossing $4 trillion for the first time. On the same day, it announced it would cut 2,600 workers — 7% of its workfo

Digital payment network Visa Inc. plans to reduce its global workforce by approximately 7%, eliminating roughly 2,600 positions as part of an operational

The delegation of business leaders underscores the deep ties many major U.S. companies maintain with China despite years of trade tensions.