Tax preparation and financial software company Intuit announced an AI-focused reorganization plan Wednesday that includes laying off about 10% of its workforce.
FILE - Intuit TurboTax packages are seen on display in a Costco Warehouse, Jan. 26, 2023, in Pittsburgh. Tax preparation and financial software company Intuit announced an AI-focused reorganization plan Wednesday, July 10, 2024, that includes laying off about 10% of its workforce. WASHINGTON —
In an email to employees, CEO Sasan Goodarzi said more than 1,000 of the layoffs were employees that were not meeting the company’s elevated expectations. Mountain View, California-based Intuit will also close offices in Boise, Idaho and Edmonton in Alberta, Canada where more than 250 employees work. Some of those workers will transfer to new locations, the company said.
ID State Wire CA State Wire Business Technology F
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Athing Mu Falls, Will Miss the Paris Olympics in 800In a shocking turn of events, the reigning Olympic champion went down on the opening lap and could not recover.
Read more »
Solana (SOL) Skyrockets by 800%, Surpassing BTC, ETH in Yearly GainsSolana surged most in month on Thursday after fund manager VanEck filed ETF application
Read more »
The 800-Meter Star Who Trains Like a MilerBryce Hoppel is a favorite to win an Olympic medal in Paris. But his training style is much different than his competitors.
Read more »
This new robotic lawn mower hit 800% funded in under 12 hoursA new robot mower claiming to be the 'world's first robotic reel mower' has raised more than 800 percent its needed funds on Kickstarter.
Read more »
Iceland’s chain volcanic eruptions back after 800 yrs, could last for decadesIceland may see volcanic eruptions on the Reykjanes Peninsula for years to come, threatening residents and infrastructure, according to new research.
Read more »
More than 800 people giving back for WIRED 2024The annual event brings together hundreds of people from local churches to give back to the community and spread the love of God.
Read more »