LIVE · UPDATED DAILY
REPORTED · NEWSPublished May 22, 2026

Intuit Announces Layoffs Amid AI Disruption Fears

EMPLOYEES AFFECTED
2,000
SHARE OF WORKFORCE
~11%
EFFECTIVE DATE
Oct 1, 2023
2,000 OF 18,800 EMPLOYEES

What we know

Location: California, USA.

Department affected: Mailchimp.

Based on news reporting.

Summary

Intuit Inc. has announced layoffs affecting approximately 2,000 employees as the company grapples with fears surrounding AI disruption. This decision comes in the wake of a significant 55% drop in stock value, prompting concerns among investors. The layoffs are part of a broader effort to streamline operations and address the challenges posed by rapid technological advancements. The affected employees are primarily based in California, where the company has its headquarters. This move reflects Intuit's response to the evolving market landscape and aims to position the company for future growth despite current setbacks.

Intuit Inc. cut 2,000 jobs affecting its Mailchimp team as of October 1, 2023.

That is roughly 10.6% 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.

Comments (4)

Anonymous by default. Be kind — people reading this may be going through it right now.

LTLayoffTalk StaffStaff21 hours ago

Intuit Inc. cut 2,000 jobs on January 15, 2026. If you were part of this round, what was your experience? Others going through it are reading. You can post anonymously below.

LTLayoffTalk StaffStaff21 hours ago

Intuit Inc. cut 2,000 jobs on October 1, 2023. What did this look like from the inside — which teams, how much notice, what severance was offered? You can post anonymously below.

LTLayoffTalk StaffStaff21 hours ago

Intuit Inc. cut 2,000 jobs on October 10, 2023. If you were part of this round, what was your experience? Others going through it are reading. You can post anonymously below.

LTLayoffTalk StaffStaff21 hours ago

Intuit Inc. cut 2,000 jobs on October 25, 2023. What did this look like from the inside — which teams, how much notice, what severance was offered? You can post anonymously below.

SOURCE
News reporting
View original source ↗
I
Intuit Inc.INTU
Technology · 18,800 employees
18
EVENTS TRACKED
21K
AFFECTED SINCE 2023
View company profile+ Get alerts for Intuit Inc.

Affected by this?

Share your story anonymously — it helps others reading this feel less alone.

Share your story →
CREATED MAY 22, 2026LAST UPDATED JUN 2, 2026