Intuit to Cut 3,000 Jobs as It Shifts Resources to AI
Intuit plans to reduce its workforce by about 3,000 positions. The company said the move will simplify operations and support its focus on artificial intelligence products.
flipboard.comEnterprise software company Intuit announced plans to eliminate about 3,000 positions, or 17 percent of its workforce. The company said the reductions will reduce complexity and allow greater investment in artificial intelligence features.
Goodarzi stated in an internal memo that the changes aim to simplify the corporate structure. The memo was reported by Reuters and cited by TechCrunch. Intuit makes accounting, tax, and personal finance software including TurboTax, QuickBooks, and Credit Karma. The company reported 18,200 employees worldwide as of July 2025.
65 billion, up 17 percent from a year earlier. Net profit reached $693 million, a 48 percent increase. The company projects about 10 percent revenue growth for the third quarter. 8 million in fiscal 2025, including cash and stock awards. TechCrunch reported that Intuit did not respond to questions about whether executives or directors would reduce their pay.
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