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 ...

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.

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

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

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

The move will affect about 3,000 employees worldwide.

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.

Intuit is reshaping its cost base and product roadmap as artificial intelligence becomes central to its next phase of ...