JHVEPhoto/Depositphotos
California is losing hundreds of Visa jobs
Visa plans to eliminate 320 jobs at its Foster City campus, with the cuts expected to take effect on October 1, 2026. The California layoffs are part of a much larger restructuring that will remove about 2,600 positions across the company.
Most of the affected roles are connected to technology and product teams as Visa looks to make operations more efficient while directing resources toward areas it expects to grow.
Depositphotos
The cuts reach across the company
Visa’s planned reduction represents about 7% of its global workforce. The company says the restructuring is designed to improve efficiency and allow greater investment in areas with stronger growth potential.
That makes the California announcement more significant than a typical local layoff. Foster City is an important technology center for Visa, meaning the restructuring will affect a substantial group of specialized workers in the Bay Area.
Depositphotos
Technology workers face the biggest impact
Visa has said most job reductions will affect its technology and product organizations. Those teams develop payment systems, security tools, digital products, and other services used by customers worldwide…