Intuit to Cut 3,000 Jobs as AI Reshapes Operations

Intuit cuts 3,000 jobs, 17% of workforce, as company integrates generative AI capabilities into TurboTax, QuickBooks, and other financial platforms.

By Narayan Ammachchi

Published May 27, 2026

1 min read

Photo credit: Intuit Inc.

Intuit to Cut 3,000 Jobs as AI Reshapes Operations

Financial technology platform Intuit is laying off around 3,000 employees, roughly 17% of its global staff, as it integrates generative AI capabilities in its workflow.

The decision was announced through an internal memo from CEO Sasan Goodarzi, according to Reuters. Laid-off employees will receive 16 weeks of base pay and two additional weeks for every year of service.

About the author

Narayan Ammachchi

News Editor for Nearshore Americas, Narayan Ammachchi is a career journalist with a decade of experience in politics and international business. He works out of his base in the Indian Silicon City of Bangalore.