Location: United States.
Based on news reporting.
Intuit Inc. has announced significant layoffs, cutting 17% of its global workforce, which equates to approximately 3,500 employees. CEO Sasan Goodarzi clarified that these layoffs are not related to advancements in AI technology. The decision comes as part of a broader restructuring effort within the company, aimed at improving efficiency and adapting to changing market conditions. The layoffs are expected to impact various departments across the organization, although specific locations and departments were not detailed in the announcement. This move reflects the company's response to economic pressures and the need to streamline operations.
Intuit Inc. cut 3,500 jobs as of October 1, 2023.
That is roughly 18.6% of the 18,800 people Intuit Inc. employs.
LayoffTalk has tracked 18 layoff events at Intuit Inc. since October 2023, affecting a combined 13,810 employees.
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