Intuit to cut 17% of global jobs to streamline operations, memo shows

Intuit is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline operations and sharpen focus on its key bets including its AI efforts, according to an internal memo seen by Reuters on Wednesday.

CEO Sasan Goodarzi sent an email to staff earlier in the day, saying that ‌reducing complexity and ⁠simplifying ⁠the structure would help it deliver better products, according to the memo and a source familiar ​with the matter.