DalsnaFinance

Intuit plans to cut workforce by about 17% as tax software maker reckons with slowing growth

Tech CNBC By CNBC 20 May 2026 20:17 1 min read
Intuit plans to cut workforce by about 17% as tax software maker reckons with slowing growth

Intuit's stock has been hammered this year as investors worry that generative artificial intelligence models could threaten software companies.

Intuit's stock has been hammered this year as investors worry that generative artificial intelligence models could threaten software companies.

Read the full story on CNBC → Opens the original article on www.cnbc.com

Summary aggregated from CNBC's public RSS feed. The full reporting belongs to CNBC — please read it on their site.