Visa laying off 70 workers at Bellevue office as part of 2,600-job global cut

Payment processor Visa is laying off 70 workers at its downtown Bellevue office starting October 1, affecting directors, engineers, and two vice presidents. The cuts are part of a global reduction of approximately 2,600 jobs—7% of Visa’s workforce—as the company invests in artificial intelligence and efficiency measures. While this affects a neighboring city, it reflects broader tech sector trends impacting the Puget Sound region.