Intuit Inc. (INTU)
Here's Why Intuit (INTU) Fell More Than Broader Market
The latest trading day saw Intuit (INTU) settling at $637.10, representing a -1.15% change from its previous close.
3 Software Stocks to Keep an Eye on in a Troubled Industry
Amid volatile macroeconomic conditions, Computer Software industry participants like Intuit (INTU), Progress Software (PRGS) and Canaan (CAN) are well-poised to capitalize on accelerating digital transformation and strong adoption of cloud computing solutions.
3 Fintech Stocks to Buy and Hold for Great Long-Term Potential
Block is an innovator with a strong product portfolio and a surprisingly cheap valuation. MercadoLibre delivers impressive financial results as it dominates the Latin American market.
Why Intuit (INTU) is a Top Growth Stock for the Long-Term
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Silicon Valley financial software giant Intuit to pay back $555,000 to 2,600 workers over missed overtime payments
Intuit is paying more than $555,000 in back wages to workers who missed overtime payments. The Labor Department said it hadn't kept accurate pay records and didn't pay workers for required training.
Intuit to lay off 1,800 employees, labels 1,050 as ‘underperformers'
Global financial company Intuit, which owns TurboTax, Quickbooks, MailChimp, and more, announced Wednesday that it's laying off 1,800 employees, or about 10 percent of its workforce. Unlike many recent tech layoffs focused on reducing the workforce, Intuit cited that most of today's layoffs were performance-related.
Intuit Slashes Jobs, But Plans to Rehire as Company Shifts Focus to AI
Intuit (INTU) shares fell Wednesday after the accounting software maker announced that as part of a reorganization plan it was cutting jobs of current employees, but plans to replace them as it shifts its focus towards artificial intelligence.
Intuit cuts 10% of workforce, plans strategic rehire in growth areas
Intuit Inc (NASDAQ:INTU, ETR:ITU) announced a significant reshuffle in its workforce, demonstrating a strategic pivot towards growth and innovation. The company revealed plans to lay off approximately 1,800 employees, equivalent to about 10% of its current headcount, only to rehire a similar number in more strategic roles.
Intuit Cuts 10% of Staff Amid New AI Efforts
Tax preparation software maker Intuit is cutting 1,800 jobs, or 10% of its workforce, and closing two locations.
Tax preparation company Intuit to lay off 1,800 as part of an AI-focused reorganization plan
Tax preparation and financial software company Intuit announced an AI-focused reorganization plan Wednesday that includes laying off about 10% of its workforce.
TurboTax parent Intuit slashing nearly 2K jobs as it plans shift to AI products
Intuit, which also makes online accounting software QuickBooks, said it will increase investments in generative AI and plans to expand into new markets including Canada, United Kingdom and Australia.
Intuit Layoffs 2024: What to Know About the Latest INTU Job Cuts
Intuit (NASDAQ: INTU ) layoffs are a hot topic on Wednesday after the TurboTax parent company announced plans to cut roughly 10% of its workforce. Intuit notes that these layoffs will remove 1,800 positions from its business.
