Intuit to Cut 17% of Staff, Invest in 'Big Bets'
Intuit to Cut 17% of Staff, Invest in 'Big Bets'
The maker of TurboTax and QuickBooks will lay off nearly a fifth of its workforce as it makes artificial intelligence a centerpiece of its business.
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The CEO's compensation package rose to $37.7 million in 2025, not counting future awards on carried interest from private funds.
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Intuit plans to cut workforce by about 17% as tax software maker reckons with slowing growth
Tax software firm Intuit to cut 17% of workforce or nearly 3,000 jobs as focus shifts to AI
TurboTax parent Intuit to cut 3,000 jobs as AI pressure reshapes tax business
Intuit to lay off 17% of workforce as part of business optimization
Intuit to cut 17% of global jobs to streamline operations, memo shows
Intuit trims annual TurboTax revenue forecast, to cut 17% of workforce
Intuit cuts 17% of its staff to focus on AI, but refuses to blame AI - SiliconANGLE
Intuit to lay off 3,000 employees
Intuit Stock Tumbles On Q3 Earnings, 17% Workforce Reduction - Intuit (NASDAQ:INTU)
Intuit to cut 17% of global jobs to streamline operations, memo shows - The Economic Times
By Dean Seal and Kristin Broughton
Intuit's stock has been hammered this year as investors worry that generative artificial intelligence models could threaten…
Worries over AI’s potential to disrupt Intuit’s tax business have sent its shares down 42 per cent in 2026. Read more at…
Intuit misses revenue estimates and cuts 17% of workforce as AI disruption hits tax business, while expanding AI partnerships and…
Intuit is cutting 17% of its full-time workforce as part of a major restructuring focused on AI-driven growth and operational…
Intuit is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline operations and sharpen focus…
