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Intuit cuts 3,000 jobs globally

Intuit has announced layoffs of around 3,000 employees globally as part of a restructuring tied to its artificial intelligence strategy. The US-based financial software firm, known for TurboTax and QuickBooks, said the move is aimed at improving efficiency and shifting focus toward AI-driven products.

The job cuts mainly affect roles linked to legacy systems and non-core functions. Alongside the layoffs, Intuit has expanded partnerships with OpenAI and Anthropic to boost AI integration across its platforms.

The company said it will continue hiring in AI and engineering roles while supporting affected employees with severance and transition assistance.