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May 20

Intuit Slashes 3,000 Jobs

Intuit is undertaking a substantial reduction in its workforce, affecting approximately 17 percent of its total staff. According to an internal memo r

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Originally reported bytheverge

Intuit is undertaking a substantial reduction in its workforce, affecting approximately 17 percent of its total staff. According to an internal memo reviewed by Reuters, CEO Sasan Goodarzi stated that these strategic cuts are intended to enable the company to concentrate its efforts on critical initiatives, such as the ambitious integration of artificial intelligence across its various service platforms.

#AI News#Intuit#Job cuts#AI integration#Strategic cuts
ES
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