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. –
Another 300 positions are being eliminated"to streamline work and reallocate resources toward key growth areas," the email said. “The era of AI is one of the most significant technology shifts of our lifetime,” Goodarzi said in the opening of his email to staff. ”Companies that aren’t prepared to take advantage of this AI revolution will fall behind and, over time, will no longer exist.”
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tax preparation company Intuit to lay off 1,800 as part of an AI-focused reorganization planTax preparation and financial software company Intuit announced an AI-focused reorganization plan Wednesday that includes laying off about 10% of its workforce.
Read more »
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 »