Long Lake completes $6.3 billion acquisition of Amex Global Business Travel

Long Lake has completed its acquisition of Amex Global Business Travel for $6.3 billion. The company has up to 30,000 employees; it was also reported to have never conducted a reduction in force and to be growing its headcount.

That growth was cited as an example of how effective AI use can accompany payroll growth, though no specific AI systems or causal link were identified.