Mastercard Layoffs 2026 — Job Cuts in Canada

Mastercard plans to reduce its full-time workforce by approximately 4% in 2026 (Reuters). It is still unclear whether Canadian employees at the credit card company will be affected “Based on our recent strategic review, we expect to record a one-time restructuring charge of roughly $200 million in Q1,” CFO Sachin Mehra told analysts during a call on January 29, 2026.