Intuit Inc. (INTU)
Intuit layoffs today: Stock takes a dive as company cuts 17% of jobs, citing AI acceleration
And the layoffs continue. Intuit plans to axe 17% of its workforce, about 3,000 of its approximately 18,200 global employees (as of July 31 according to its annual report), and focus on accelerating integrating AI across the company and its services, while streamlining operations, Reuters reported Wednesday.
California's Intuit to slash thousands of jobs, cut workforce by 17%, internal memo shows
The company behind TurboTax, CreditKarma and QuickBooks is laying off about 17% of its global workforce.
Intuit to lay off over 3,000 employees to refocus on AI
Enterprise software giant Intuit is letting go 17% of its staff, or about 3,000 people, as it seeks to divert resources towards baking in AI into its products, Reuters reported, citing an internal memo sent to employees.
Intuit to cut 3,000 jobs, Reuters reports, as stock falls ahead of earnings
Intuit is laying off around 3,000 employees globally, or roughly 17% of its workforce, as the software company restructures operations and intensifies its focus on artificial intelligence initiatives. The job cuts were disclosed in an internal memo sent by Chief Executive Sasan Goodarzi to employees on Wednesday and reviewed by Reuters.
Intuit Expands QuickBooks With AI: Will It Accelerate Growth?
INTU's QuickBooks adds AI-powered Workforce tools, expanding from accounting into payroll, hiring and HR management.
Intuit Gears Up to Report Q3 Earnings: What's in the Offing?
INTU gears up for fiscal Q3 results with double-digit revenue growth forecast and strong momentum across QuickBooks, TurboTax and Credit Karma.
Intuit (INTU) Upgraded to Buy: Here's What You Should Know
Intuit (INTU) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
ChatGPT Connects Financial Accounts to Deliver Personal Finance Insights
Pro users of ChatGPT can now connect their financial accounts, see a dashboard of their finances, ask the chatbot questions and receive answers that are grounded in their financial context.
Ahead of Intuit (INTU) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Besides Wall Street's top-and-bottom-line estimates for Intuit (INTU), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended April 2026.
Intuit Expands Enterprise Suite With AI: Will It Boost Growth?
INTU adds AI-powered automation, analytics and HCM tools to IES, helping mid-market firms streamline finance and operations.
Is INTU Stock a Buy, Hold or Sell After Its 42.8% Plunge in 6 Months?
Intuit tumbles 42.8% in 6 months despite strong Q2 FY26; AI-HI growth and mid-market push clash with Mailchimp drag and rising costs.
Wall Street Analysts Believe Intuit (INTU) Could Rally 60.13%: Here's is How to Trade
The consensus price target hints at a 60.1% upside potential for Intuit (INTU). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
