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moves money TechSpot May 21, 2026

Intuit cuts 3,000 jobs as it refocuses on AI, but says layoffs are "not about AI"

Intuit cuts 3,000 jobs as it refocuses on AI, but says layoffs are "not about AI"
AI Summary

CEO Sasan Goodarzi sent an email to staff yesterday saying that the 17% staff reduction would help the firm deliver better products. Goodarzi added that the reductions would help reduce complexity at the organization by simplifying its structure and sharpening its focus on key bets, including, of course, its efforts...

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