Months after tie-up with OpenAI and Anthropic, Intuit to layoff 3,000 employees; CEO says in memo: Simplifying structure will help …
Financial software giant Intuit is reportedly laying off nearly 17% of its global workforce, impacting around 3,000 employees.
This significant restructuring, aimed at simplifying operations and boosting AI integration, follows recent partnerships with OpenAI and Anthropic.
The move comes as Intuit, like other tech firms, pivots towards AI-driven efficiencies amidst broader industry layoffs.
- Tax software firm Intuit to cut 17% of workforce or nearly 3,000 jobs as focus shifts to AI The Straits Times —
- Intuit cuts 17% of its staff to focus on AI but refuses to blame AI SiliconANGLE —
- 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 —