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Intuit Cuts 3,000 Jobs, 17% of Workforce, in Shift Toward AI

GateNews

AI Industry News

2026-05-21 01:31:53

According to a memo from CEO Sasan Goodarzi, US software company Intuit is cutting approximately 3,000 jobs today, representing 17% of its global workforce. The restructuring is designed to simplify the company's structure and redirect resources toward AI development.

Intuit had 18,200 employees worldwide as of July 2025. The company reported $4.65 billion in revenue for the quarter ended January.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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