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Intuit Cuts 3,000 Jobs as CEO Bets the Company on AI Partnerships

the deep dive [Unofficial] May 20, 2026
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Intuit (NASDAQ: INTU) is cutting roughly 3,000 employees — about 17% of its global workforce — as CEO Sasan Goodarzi bets that flattening the company’s structure and pouring resources into artificial intelligence will sharpen its edge faster than legacy headcount ever could. Shares fell nearly 4% in morning trading after the announcement. Goodarzi told staff […] The post Intuit Cuts 3,000 Jobs as CEO Bets the Company on AI Partnerships appeared first on the deep dive.

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