Intuit Adds to Tech’s AI Layoff Tally, Cutting 17% of Workforce

Global financial technology firm Intuit will eliminate roughly 3,000 roles, about 17% of its global workforce. The firm disclosed the cuts the same day it reported third-quarter revenue of $8.6 billion, up 10%. Intuit Joins The AI Layoff Wave According to the memo seen by Reuters, the move comes as the firm seeks to focus
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