Department mergers are ongoing. They’re planning to remove “duplicate” positions—basically transferring one team’s responsibilities fully to another, with no pay rise. One VAS team was recently absorbed by Sales and Operations: about 100 people, probably half to be fired. The same thing is happening with other teams.
Morale is very low. People know it doesn’t matter how hard you work, if some higher-up decides you’re obsolete, you’re out.
Roughly 50% of Visa employees are VPs, directors, and managers who just sit in meetings whoel day, yet they prefer to fire engineers and analysts and dump the extra work on whoever’s left.