NEW YORK — Intuit shares fell as much as 14% in extended trading after the financial software company announced a restructuring plan that will cut 17% of its workforce, or about 3,000 corporate jobs. The move, disclosed in an internal memo and discussed by Chief Executive Officer Sasan Goodarzi on CNBC’s Mad Money, comes during a difficult 2026 in which Intuit’s stock has already dropped about 42%. Goodarzi said the layoffs are aimed at improving speed, efficiency and reducing organizational complexity, and not driven by artificial intelligence or automation. The company expects to incur a one-time restructuring charge of $300 million to $340 million this quarter, largely tied to severance and office closures, as it seeks to operate with a leaner structure. NEW YORK — The cuts will primarily affect middle and lower management, project coordinators and operational roles that Intuit describes as focused on coordination rather than execution, according to Chief Financial Officer Sandeep Aujla. Intuit will also close regional offices in Reno, Nevada, and Woodland Hills, California, and consolidate remaining staff into larger hubs. Affected U.S. employees will remain on the payroll until July 31 and will receive at least 16 weeks of base pay, plus an additional two weeks of pay for every year of service. The layoffs add to a broader wave of tech job reductions, following Meta’s 8,000-person cut and downsizings at Cisco and ZoomInfo, which have contributed to more than 111,000 tech workers losing their jobs at over 140 companies in the first five months of 2026.
Prepared by Christopher Adams and reviewed by editorial team.
Si vous êtes un employé d'Intuit, votre emploi pourrait être menacé. Vérifiez vos e-mails professionnels pour les mises à jour. Si vous êtes un investisseur, votre portefeuille pourrait en pâtir. Surveillez le cours de l'action d'Intuit. Si vous êtes un client, les services pourraient changer. Restez informé.
Les licenciements d'Intuit font partie d'une tendance plus large dans la technologie. Les entreprises suppriment des emplois pour rationaliser leurs opérations. Cela pourrait signifier des services plus efficaces, mais aussi plus de pertes d'emplois. Vaut la peine d'être transmis si vous connaissez quelqu'un dans l'industrie technologique.
Non spécifié dans la source.
Non spécifié dans la source.
No left-leaning sources found for this story.
Le titre d'Intuit s'effondre de 14% après avoir secoué l'Amérique corporative avec un licenciement massif soudain de 17%
JQJONo right-leaning sources found for this story.
Comments