Software company Intuit plans to eliminate approximately 3,000 positions worldwide, representing roughly 17% of its total workforce, as the company works to streamline its operations and concentrate on artificial intelligence development, according to an internal company document obtained by Reuters on Wednesday.
Company leader Sasan Goodarzi communicated the decision to employees through an email message sent earlier Wednesday, explaining that decreasing operational complexity and creating a more straightforward organizational structure would enable the company to develop superior products, the document revealed along with information from a knowledgeable source.
The software firm, which was set to announce its third-quarter financial results later Wednesday, had not responded to requests for comment at the time of the report.
This workforce reduction adds Intuit to an expanding roster of corporations that have implemented job eliminations throughout this year, with several attributing the cuts to improved operational efficiency achieved through AI technology, including companies led by Jack Dorsey such as Block, along with Amazon and Pinterest.
In his message to employees, Goodarzi explained that the workforce reduction would enable Intuit to concentrate more effectively on the company’s major strategic priorities, particularly initiatives to incorporate AI technology throughout its service offerings.
The organization has established long-term agreements with AI development companies Anthropic and OpenAI to incorporate their artificial intelligence systems into Intuit’s software while adding the company’s specialized tax, financial, accounting and marketing features to Claude and ChatGPT platforms.
Affected employees in the United States will have their final work day on July 31 and will be provided with 16 weeks of standard compensation plus an additional two weeks for each year of service with Intuit as part of their departure benefits, Wednesday’s internal document indicated.
According to the company’s annual filing, Intuit employed approximately 18,200 people across seven nations as of July 31, 2025.
Technology sector workers in Silicon Valley have expressed mounting anxiety about AI-related job displacement in recent months following workforce reductions by more than 140 technology companies that eliminated over 111,000 positions this year, based on data from Layoffs.fyi, a platform that monitors industry-wide job cuts. The previous year’s total reached approximately 124,636.
During the World Economic Forum’s January annual gathering, two business leaders informed Reuters that artificial intelligence would serve as justification for companies that had already decided to implement layoffs.
