this post was submitted on 22 May 2026
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Intuit to lay off over 3,000 employees to refocus on AI (techcrunch.com)
submitted 7 hours ago by sanitation@lemmy.radio to c/technology@lemmy.world
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[–] adarza@lemmy.ca 10 points 6 hours ago (1 children)

financials are pretty good. it's their share price that is going down the shitter.

[–] protist@retrofed.com 16 points 6 hours ago (1 children)

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

[–] littletoolshed@lemmy.world 6 points 6 hours ago

Turbo Tax is small peanuts for Intuit, they make most of their money from the Payments division.