Intuit Cuts 3,000 Jobs, Putting Spotlight on Tech’s AI Restructuring Wave

Intuit is cutting thousands of jobs, but the company says AI is not to blame.The financial tech leader announced Wednesday that it is cutting approximately 17% of its global workforce, eliminating roughly 3,000 to 3,100 jobs worldwide. The corporate restructuring comes despite a highly profitable tax season and a newly announced $8.6 billion revenue quarter.The Mountain View, California-based maker of TurboTax, QuickBooks, Credit Karma, and Mailchimp framed the decision as a strategic pivot. The