MOUNTAIN VIEW — Intuit has revealed plans to slash hundreds of jobs in the Bay Area in an ominous reminder that the region’s waves of tech industry layoffs have yet to subside. The financial services ...
July 10 (Reuters) - (This July 10 story has been corrected to clarify that the company did give a timeline for rehiring, in paragraph 4) TurboTax-parent Intuit (INTU.O), opens new tab said on ...
Normally, word of layoffs gives stocks a boost, as businesses are about to lower costs and are willing to do what’s needed to get there. The human cost, however, is seldom factored in. But for Intuit ...
Intuit CEO Sasan Goodarzi, left, shown with Credit Karma CEO Ken Lin in 2020, said in a letter to employees, that the layoffs were not about cost-cutting, but giving the company the freedom to hire ...
Intuit Inc. is cutting 1,800 employees, swapping out low performers and executives with fresh hires meant to sharpen the company’s focus on products that use artificial intelligence. About 10% of the ...
Despite reports that accountants would be at high risk of being replaced by AI, only 9% of the Intuit survey's respondents felt that job replacement was a concern. Cool campus: Inside the latest ...
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