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

Intuit Inc. (NASDAQ: INTU) to report Q3 earnings on May 20. Analysts expect $12.57 EPS and $8.54B revenue. Stock fell 0.9% on Tuesday. Analysts have mixed ratings and accuracy…

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…