[BIG TECH]■ STORY TIMELINE
INTUIT CUTS 17% OF WORKFORCE IN AI-FOCUSED PIVOT
Intuit is laying off approximately 3,000 employees—17% of its global workforce—to streamline operations and prioritize artificial intelligence initiatives. The company cited the need to sharpen focus on key strategic bets in an internal memo.
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Reuters: Internal memo: Intuit is laying off ~17% of its workforce, or ~3,000 employees worldwide, to streamline operati…