Intuit announced a major restructuring that will reduce its full-time workforce by 17% as it reshapes its operations. The ...

Intuit Inc. INTU shares are trading lower Wednesday following reports that the company plans to reduce its workforce by approximately 17%, or about 3,000 employees worldwide, as part of a broader ...

Intuit CEO Sasan Goodarzi said the company’s roughly 17% workforce reduction was aimed at simplifying operations and improving execution, not because of AI.

Take a look at our list of ongoing 2026 layoffs at well-known U.S. companies including Amazon, Citi, UPS, and more.

I write about money. I’ve been reviewing tax software and services as a freelancer for PCMag since 1993. Along the way, I took on reviews of other types of business and personal finance technology.

TurboTax Parent Company To Cut 17% Of Workforce Despite Strong Earnings ...

Intuit's stock has been hammered this year as investors worry that generative artificial intelligence models could threaten software companies.

Investing.com -- Intuit (NASDAQ:INTU) shares fell 3.9% Wednesday after Reuters reported the company plans to lay off approximately 17% of its global workforce. The cuts will affect about 3,000 ...

Intuit Inc. (NASDAQ:INTU) is a global financial technology platform behind TurboTax, Credit Karma, QuickBooks, Mailchimp, and ...

In a memo to employees, CEO Sasan Goodarzi said the layoffs are meant to reduce complexity, simplify the company's corporate structure, and deliver better AI products.

In early June 2026, Intuit completed two fixed-rate senior unsecured note offerings totaling about US$1.75 billion, including ...

All-in-One, AI-Native HCM System Expands on QuickBooks Payroll Services, Which Serves 18 Million U.S. Workers, to Deliver End-to-End Workforce Management Embedded directly in QuickBooks Online, ...