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Chronicles

The story behind the story

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Internal memo: Intuit is laying off ~17% of its workforce, or ~3,000 employees worldwide, to streamline operations and sharpen its focus on key bets, like AI

Intuit (INTU.O) is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline operations and sharpen focus …

Reuters

Discussion

  • @mikeisaac Rat King on x
    also i guess intuit decided to duck and cover with its cuts behind meta
  • @zephyr_z9 @zephyr_z9 on x
    SaaS firms will probably cut 40%-50% of their workforce within 2 years
  • @wideofthepost @wideofthepost on x
    how do we make the core tax products you already hate using even worse
  • Lisa Widup Lisa Widup on linkedin
    My thoughts are with all my colleagues at Intuit, and my friends at Meta, as we process the RIFs happening today.  I've been through it before and know how rough it is. …
  • NewsMax.com NewsMax.com on x
    Intuit Q2 Misses, Plans to Cut 17% of Workforce