Intuit is cutting around 3,000 jobs globally. This move aims to simplify operations and boost focus on key areas, especially artificial intelligence. The company is integrating AI models from startups like Anthropic and OpenAI. This follows a trend of tech companies reducing staff this year. Employees in the US will see their last day on July 31.

Intuit is cutting around 3,000 jobs globally. This move aims to simplify operations and boost focus on key areas, especially artificial intelligence. The company is integrating AI…

Intuit (NASDAQ: INTU) shares are trading lower Wednesday after reports of a 17% workforce reduction as part of restructuring and AI push.

By Dean Seal and Kristin Broughton