Mastercard exceeded fourth-quarter profit expectations due to resilient consumer spending, particularly in travel and essentials. The company announced plans to lay off approximately 4% of its global workforce, impacting over 1,400 employees, to reallocate investments. This strategic restructuring is expected to incur a $200 million charge in the current quarter.
Mastercard profit exceeds expectations, set to lay off 4% globally; shares nudge up
📅 Published: January 30, 2026 |
📂 Category: Uncategorized