Intuit layoffs today: Stock takes a dive as company cuts 17% of jobs, citing AI acceleration |
Intuit layoffs today: Stock takes a dive as company cuts 17% of jobs, citing AI acceleration
The software company behind TurboTax, Credit Karma, and more is axing about 3,000 employees as it focuses on integrating artificial intelligence.
Intuit CEO Sasan Goodarzi [Photo: Thos Robinson/Getty Images for Intuit]
And the layoffs continue: Intuit plans to axe 17% of its workforce, about 3,000 of its approximately 18,200 global employees (as of July 31, according to its annual report), Reuters........