7% of Intuit Workforce Fired As Focus Shifts to AI-Driven Platform
The CEO of tax prep specialist Inuit (NASDAQ: INTU) told employees in a company blog post that 7% of its workforce was being fired because it faces "a fundamental shift as the pace of change has dramatically increased."
Stating that Intuit had begun its transition into an artificial intelligence platform 16 months ago, CEO Sasan Goodarzi said it was necessary to terminate 715 employees as it looks to revamp its customer experience, technology, and sales strategies.
Source Fool.com