Intuit Announces Layoffs of 3,000 Employees as Part of AI-Driven Restructuring

Intuit announced the layoff of approximately 17% (or about 3,000) of its global workforce to accelerate integration of artificial intelligence and streamline operations. The move comes amid broader tech sector layoffs and has caused a dip in Intuit's stock price.

By Jennifer Mattson Wed, May 20, 2026 at 8:15 PM GMT+3 2 min read · Yahoo Finance ·

Intuit Announces Layoffs of 3,000 Employees as Part of AI-Driven Restructuring

Tickers: $INTU $META

Topics: AI integration layoffs workforce restructuring

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