New Delhi, July 28 -- SAN FRANCISCO - Visa said Tuesday it would eliminate approximately 2,600 employees, or 7 percent of its global workforce, with cuts concentrated in its technology and product divisions as Chief Executive Ryan McInerney pushes an efficiency overhaul he has been telegraphing to investors for months.

The company's stock rose 2.2 percent in premarket trading as investors interpreted the reduction as a commitment to operating discipline ahead of a third-quarter earnings report where Wall Street has estimated revenue growth of approximately 10 percent year-over-year and earnings per share near $2.73.

Visa's global workforce stood at roughly 37,000 before Tuesday's announcement. The elimination of 2,600 positions represen...