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Intuit to lay off over 3k employees to refocus on AI
(techcrunch.com)
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this post was submitted on 21 May 2026
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Did a double take to check if this was NotTheOnion. Honestly, Intuit is such a garbage company, hopefully this misstep will hamstring them financially so they stop lobbying against easy tax filing and slows them enough for viable Quickbooks contenders to get a foothold.
Financial software is the last place I want fuzzy AI math. That shit needs to be rock-solid. Not that I use Intuit stuff anyway (Free Tax USA is my go-to), but damn must that be a scary sentence for people who use Intuit products (QuickBooks, TurboTax, Credit Karma).
That said, I think they are doing it mostly as a way to spin layoffs as a good thing, not something driven by poor financials (which is more likely).