The company has it will become more efficient as a result of the planned cuts to 5,400 jobs worldwide.
The company has a total workforce of 63,500.
The credit card provider has said the cuts will be made by the end of 2013 with the majority of the job losses would be in its travel section, which has been suffering due to digital on-line booking.
Amex intends allowing travel customers to make payments online or via mobile.
Job losses are expected to be spread proportionally between the US and international markets.
Source: http://www.kazakhstannews.net/index.php/sid/211903452/scat/9d7afd9766a94f28
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