One of the most fascinating aspects of modern equity markets is just how quickly a compelling narrative can cut ties with operational reality. When institutional fear takes over a specific sector, ...

Intuit is cutting hundreds of employees across two states as the company officially filed notices for mass layoffs in California and Nevada. Intuit informed public officials on Wednesday, May 20, that ...

Intuit's fiscal third quarter of 2026 (the period ended April 30, 2026) is the company's seasonally biggest one, and the headline numbers were solid. Total revenue climbed 10% year over year to $8.6 ...

Global layoffs by Intuit are hitting close to home in Reno as the financial technology services company plans to close its Reno office. Intuit informed employees that it will reduce its full-time ...

A hot potato: It seems we're now at the point where companies are cutting jobs as a result of AI while claiming the layoffs have nothing to do with AI. Business software firm Intuit, maker of TurboTax ...

Intuit INTU-0.77%decrease; down pointing triangle plans to lay off 17% of its workforce, or about 3,100 employees, and invest the savings in “big bets” as it makes artificial intelligence a ...

Tech giant Intuit is shuttering its Los Angeles-area office and slashing thousands of jobs worldwide in a sweeping shakeup that comes as Silicon Valley races to embrace artificial intelligence. The ...

Intuit has just announced that it is laying off approximately 3,000 employees — 17 percent of its global workforce across seven countries — in a restructuring that CEO Sasan Goodarzi framed as a bid ...

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When Intuit last reported earnings, in late February, the numbers were strong. In its fiscal second quarter of 2026 (the period ended Jan. 31, 2026), revenue rose 17% year over year to $4.7 billion.