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American Express is laying off roughly 3,500 employees, trimming 5% of its global workforce to combat rising costs while simultaneously raising its 2026 adjusted EPS guidance. Even as network volume growth slows, management is acting aggressively to protect its industry-leading profitability metrics, including a return on equity above 34%. However, Seeking Alpha Quant Ratings currently flags the stock as a Hold, driven by an F grade on valuation despite a forward PEG ratio lower than rival Visa. Investors must weigh whether aggressive cost-cutting measures are enough to justify buying at current price levels.
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