Intuit cuts 17% of its staff to focus on AI but refuses to blame AI
The financial services software company Intuit Inc., known for platforms that include Credit Karma, QuickBooks and TurboTax, said today it’s letting go 17% of its workforce, or about 3,000 people.
The cuts, announced as the company delivered its latest financial results, will allow it to divert more resources towards the artificial intelligence innovations increasingly powering […]
The post https://siliconangle.com/2026/05/20/intuit-cuts-17-staff-focus-ai-refuses-blame-ai/" rel="nofollow">Intuit cuts 17% of its staff to focus on AI but refuses to blame AI appeared first on https://siliconangle.com" rel="nofollow">SiliconANGLE.
- Tax software firm Intuit to cut 17% of workforce or nearly 3,000 jobs as focus shifts to AI The Straits Times —
- Intuit axes 3,000 – without blaming AI The Register —
- Intuit to Cut Staff, Invest in ‘Big Bets’ Wall Street Journal —
- Intuit outlines $21.341B-$21.374B FY2026 revenue as it cuts workforce 17% Seeking Alpha —
- Intuit plans to cut workforce by about 17% as tax software maker reckons with slowing growth CNBC —