Who is next in the AI layoffs wave? Intuit cuts 3,000 jobs as Meta-led tech bloodbath deepens
Intuit is laying off roughly 3,000 employees, which is about 17% of its workforce as the financial software giant is set to restructure and simplify operations through Artificial intelligence. The information was shared in a company memo sent to employees Wednesday by CEO Sasan Goodarzi, sourced by Reuters who described the overhaul as necessary to reduce organisational complexity and help the company move faster in building AI-powered products and services.
