Months after tie-up with OpenAI and Anthropic, Intuit to layoff 3,000 employees; CEO says in memo: Simplifying structure will help …

Intuit employees have become the latest to be affected by the wave of artificial intelligence (AI)-linked job cuts across the technology industry. The US-based financial software maker is reportedly cutting around 3,000 jobs globally, which is nearly 17% of its workforce. According to a report by the news agency Reuters, the company said in an internal memo that the move is part of a restructuring aimed at simplifying operations and better focusing on key priorities, including its AI efforts. The announcement comes months after Intuit signed multi-year agreements with OpenAI and Anthropic to embed AI models into its software ecosystem and integrate Intuit’s tax, finance, accounting and marketing capabilities into ChatGPT and Claude.