Intuit cuts 17% of its staff to focus on AI, but refuses to blame AI

The financial services software company Intuit Inc., known for platforms including Credit Karma, QuickBooks and TurboTax, said today it’s letting go 17% of its workforce, or around 3,000 people. The cuts, announced as the company delivered its latest financial results, will allow it to divert more resources towards the artificial intelligence innovations increasingly powering its […] The post Intuit cuts 17% of its staff to focus on AI, but refuses to blame AI appeared first on SiliconANGLE .