The tech industry’s layoffs and hiring freezes: all of the news
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Intuit fires 1,800 employees to hire 1,800 employees and focus on AI.
Last spring, Business Insider noted that Intuit was unusual among its peers because it hadn’t done mass layoffs.
Following shutdowns of the Mint app and MailChimp-owned TinyLetter, CEO Sasan Goodarzi today announced layoffs, saying they include “approximately 1,050 employees leaving the company who are not meeting expectations.” as it accelerates investing in data and AI like its Assist bot.
Investing in our future - Intuit Blog
[Intuit Blog]
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