Intuit is cutting 17% of its full-time workforce as part of a major restructuring focused on AI-driven growth and operational streamlining.

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