TurboTax parent Intuit slashing nearly 2K jobs, plans shift to AI products

TurboTax parent company Intuit said on Wednesday it would lay off about 1,800 employees, or 10% of its workforce, to focus on its AI-powered tax preparation software and other financial products. The company has invested heavily over the past few years in providing AI-powered accounting and tax preparation tools to small and medium-sized businesses, but […]