Start the conversation
Shares of American Express Co. (NYSE: AXP) were down more than 2% in pre-market hours. The company announced plans to slash more than 4,000 jobs in 2015 as part of an efficiency program. The news came just after the firm posted fourth-quarter earnings per share of $1.39 on revenues of $9.1 billion. This was a strong increase from the same period last year, when it reported per-share earnings of $1.21 on revenues of $8.5 billion.