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Intuit Plans 17% Workforce Cut Amid Slowing Growth

Intuit Plans to Cut Workforce by About 17% Amid Slowing Growth Intuit, the company behind popular tax software like TurboTax and accounting tools like QuickBooks, plans to slash its workforce by approximately 17%, affecting over 3,000 employees.

This move comes on the heels of similar announcements from other tech giants, including ZoomInfo and Cloudflare, which have both planned for significant layoffs in recent weeks.

Meta, the parent company of Facebook and Instagram, is also moving forward with a plan to cut 8,000 jobs.

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