this post was submitted on 22 May 2026
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'Layoffs to focus on AI' at this point seems to be the in-vogue way to distract investors from the poor financials that are driving the layoffs.
This, and, I think the “AI” investigations the companies are doing is revealing a lot of “what is it you say you do here?” moments. (An Office Space quote, which is required viewing for anyone commenting on corporate jobs)
I think a lot of companies are finding that a lot of jobs are expendable. Now, before you all accuse me of siding with corporations, I feel they aren’t going to just keep the workers who have been pulling their weight this whole time, they’re gonna slash randomly or by popularity and just say “work harder or leave.”
The next 10 years is gonna a clusterfuck.
I just watched it again this year, after not having seen it for like 15 years so I didn't remember a thing 😅
I did too. Didn’t it sound like such an innocent crime these days?
financials are pretty good. it's their share price that is going down the shitter.
The growth prospects for Intuit are poor. They can basically try to upsell you harder while you're using TurboTax. I sure don't like the idea of AI being involved in my tax preparation, though
Turbo Tax is small peanuts for Intuit, they make most of their money from the Payments division.