Intuit plans to cut workforce by about 17% as tax software maker reckons with slowing growth
2026-05-20 · Tech
Intuit is axing about 17% of its workforce as the specter of AI threatens to make their tax software obsolete. Nothing says 'innovation' like firing thousands of people because investors are spooked that ChatGPT might do TurboTax's job. The AI revolution continues its favorite trick: replacing humans before it can even reliably do the work.