Intuit announced plans to lay off 17% of its global workforce. Approximately 3,000 employees are impacted by this decision. The company aims to accelerate AI integration and streamline operations. Intuit is also closing key hubs in Reno, Nevada, and Woodland Hills, California. Impacted workers will receive a severance package including 16 weeks of pay.
https://www.fastcompany.com/91545602/intuit-layoffs-today-stock-down-job-cuts-citing-ai