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The list of reported (and confirmed) layoffs is becoming one to watch: Visa Volkswagen Diageo Porsche Microsoft Verizon @bloomberg.com www.bloomberg.com/news/article...

Visa to Cut 7% of Workforce as CEO Seeks to Revamp Payments FirmVisa Inc. is eliminating about 2,600 jobs as Chief Executive Officer Ryan McInerney seeks to make the firm more efficient as it competes in an increasingly tough payments industry.www.bloomberg.com
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VISA? They make $ hand over fist! Are they just belt-tightening for the heck of it, or are they expecting a rash of upcoming bad accounts and bankruptcies? Hmmmm...

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