Get the latest tech news
Intuit is laying off 1,800 employees as AI leads to a strategic shift
But the maker of QuickBooks, Credit Karma, and TurboTax said in an internal email it is also hiring for 1,800 new roles as its strategy shifts.
Goodarzi explains that Intuit’s transformation journey, including departing from the 1,800 employees, is part of its strategy to increase investments in priority focus areas of AI and generative AI, such as its GenAI-powered financial assistant called Intuit Assist, and reimagining its products from traditional workflows to AI-native experiences. Intuit plans to hire approximately 1,800 new people with strategic functional skill sets primarily in engineering, product, and customer-facing roles such as sales, customer success, and marketing—and expects its overall headcount to grow in its fiscal year 2025, which begins Aug. 1. Intuit is also consolidating 80 tech roles to sites where it is growing technology teams, including Atlanta, Bangalore, New York, Tel Aviv, and Toronto.
Or read this on r/technology
