![Intuit to Cut 1,800 Jobs, Focus on AI and Key Rehiring](/content/images/size/w600/2024/07/0a63852b-a0f9-4ad3-91e5-d11334e5162b.png)
Technology
Intuit to Cut 1,800 Jobs, Focus on AI and Key Rehiring
Intuit, the parent company of TurboTax, has announced plans to cut approximately 1,800 employees, representing about 10% of its global workforce. The layoffs are part of a strategic shift to reinvest capital in critical areas, particularly in enhancing its AI and generative AI capabilities. The company will close two