"Against the backdrop of an uneven economic recovery, these restructuring initiatives are designed to make AmericanExpress more nimble, more efficient and more effective in using our resources to drive growth, " said chief executive Kenneth Chenault.
The AmericanExpress Global Business Travel Forecast 2013, released in October 2012, notes that economic growth from Argentina to Poland -- and the business people looking to capitalise on it -- will be the main driver for executive trips in 2013.