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    Home » Software maker Intuit to cut 3,000 jobs, CEO says layoff has nothing to do with AI
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    Software maker Intuit to cut 3,000 jobs, CEO says layoff has nothing to do with AI

    News AuthorBy News AuthorMay 21, 2026No Comments3 Mins Read
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    US software firm Intuit is cutting around 17 per cent of its global workforce, or approximately 3,000 employees. But CEO Sasan Goodarzi said the decision didn’t include AI, unlike some other recent layoffs.

    U.S. software firm Intuit on Wednesday became the latest in a long line of technology businesses to trim thousands of jobs in recent months. Sasan Goodarzi, Intuit’s chief executive officer, told staff the company was eliminating 3,000 positions throughout the globe, or approximately 17 per cent of its worldwide workforce. However, unlike other organizations who have cited AI as a justification for employment reduction, Goodarzi has claimed that AI had nothing to do with this decision.

    Sasan, in an inner communication, stated the measure was indicated to improve processes, boost implementation, and not replace personnel with artificial intelligence, according to a Reuters record. As of July 31, 2025, Intuit employed around 18,200 employees in seven countries, including India.

    Reached the Intuit chief executive officer said AI was not a factor in the layoffs. None of it was due to AI,” he told CNBC. Rather, Sasan Goodarzi said this was done to make the firm “more reliable.”

    Keep in mind that several companies like Amazon, Cisco and Microsoft have already cut off thousands of workers in order to concentrate more on AI. Meta also cut 8,000 workers this week alone.

    Why did Intuit slash hours?
    The releases will undoubtedly allow Intuit to trim monitoring layers, cut “coordination-heavy functions,” Goodarzi said. In other words, the company seeks to streamline its processes. It also intends to more tightly integrate two of its products—Credit Karma and TurboTax.

    The restructure also involves closure of Intuit’s Reno and Timberland Hills offices, with teams being consolidated into selected hubs. In the USA, affected staff will likely remain until July 31. The severance package will be 16 weeks of basic income, plus two additional weeks for each year of service at Intuit.

    Signed handle OpenAI, Anthropic Intuit
    Intuit’s been working on increasing its AI goals for a while now. The company previously gave multi-year approval for OpenAI and Anthropic to include their AI versions into its software program and embed Intuit’s tax requirement, money, audit and marketing skills into ChatGPT and Claude.

    The firm dismissed AI as a reason for the layoffs, but it also thinks that the restructure will let it focus on its ‘big bets’, including more widespread usage of AI throughout its offerings.

    The layoffs follow a wider wave of job losses throughout the innovation sector. Derived from Layoffs.FYI: More than 140 tech businesses shed over 111,000 jobs in the first 5 months of 2026. In 2025, the total number of discharges was 124 636.

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