Financial software firm Intuit beat expectations for its fiscal third quarter and with its Q4 guidance. But Intuit stock fell ...

Software stocks are amid their worst drawdown in a generation, and the carnage just got worse. Intuit (INTU) plunged roughly ...

Intuit's stock has been hammered this year as investors worry that generative artificial intelligence models could threaten software companies.

Financial software company Intuit is cutting 277 jobs in San Diego as part of a broad restructuring to focus on artificial intelligence. Companywide, the cuts involve nearly 3,000 positions, 17% of ...

The financial services software company Intuit Inc., known for platforms that include Credit Karma, QuickBooks and TurboTax, ...

In a memo to employees, CEO Sasan Goodarzi said the layoffs are meant to reduce complexity, simplify the company's corporate ...

The layoffs are a margin-and-focus play: cut complexity, streamline delivery, and double down on “big bets” (AI embedded across tax/accounting/finance). The stock already sold off ~5% pre-earnings, ...

Intuit is laying off about 17% of its workforce, ‌or about 3,000 employees worldwide, to streamline operations and sharpen ...

The move will affect about 3,000 employees worldwide.

Early next year, Intuit's ProAdvisor Program will be replaced with a new Intuit ProPartner Accountants program, integrated ...

TurboTax owner Intuit is reducing its full-time workforce by 17%, or by approximately 3,000 employees, to “simplify its ...

The stock now trades at a fraction of its historical valuation.