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At Close: Jun 12, 2026
Intuit Stock Tumbles On Q3 Earnings, 17% Workforce Reduction
04:22pm, Wednesday, 20'th May 2026
Intuit Inc (NASDAQ:INTU) posted financial results for the third quarter of fiscal 2026 after the market close on Wednesday. Here's a rundown of the report.
Intuit to Cut Staff, Invest Savings Into ‘Big Bets'
04:21pm, Wednesday, 20'th May 2026
The maker of TurboTax and QuickBooks will lay off 17% of its workforce as it makes artificial intelligence a centerpiece of its business.
TurboTax Maker Intuit Files Beat-And-Raise Report, Announces Job Cuts
04:20pm, Wednesday, 20'th May 2026
Financial software firm Intuit late Wednesday beat expectations for its fiscal third quarter and with its Q4 guidance.
Intuit to Cut 17% of Workforce in Shift Toward AI
04:16pm, Wednesday, 20'th May 2026
Intuit Inc. is reducing its global headcount by approximately 17% as it moves to streamline operations and accelerate its investment in artificial intelligence, according to an internal memo reviewed
Intuit plans to cut workforce by about 17% as tax software maker reckons with slowing growth
04:07pm, Wednesday, 20'th May 2026
Intuit wants to move "with greater velocity," CEO Sasan Goodarzi said as the finance software maker said it would cut 17% of its full-time workforce. The company's quarterly revenue came in just below
Intuit boosts annual forecasts, to cut 17% of global staff
04:04pm, Wednesday, 20'th May 2026
TurboTax parent Intuit raised its annual revenue and profit forecasts on Wednesday and announced it would trim 17% of its workforce, sharpening its focus on artificial intelligence-powered financia
Intuit Beats Earnings Estimates and Plans to Cut 17% of Workforce
04:03pm, Wednesday, 20'th May 2026
Intuit said on Wednesday that it's reducing its full-time workforce by 17%.
Intuit Reports Strong Third-Quarter Results and Raises Full-Year Revenue Guidance
04:00pm, Wednesday, 20'th May 2026
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, Mailchimp, and Intuit Enterprise Suit
Intuit layoffs today: Stock takes a dive as company cuts 17% of jobs, citing AI acceleration
01:21pm, Wednesday, 20'th May 2026
And the layoffs continue. Intuit plans to axe 17% of its workforce, about 3,000 of its approximately 18,200 global employees (as of July 31 according to its annual report), and focus on accelerating i
California's Intuit to slash thousands of jobs, cut workforce by 17%, internal memo shows
12:25pm, Wednesday, 20'th May 2026
The company behind TurboTax, CreditKarma and QuickBooks is laying off about 17% of its global workforce.
Intuit to lay off over 3,000 employees to refocus on AI
11:14am, Wednesday, 20'th May 2026
Enterprise software giant Intuit is letting go 17% of its staff, or about 3,000 people, as it seeks to divert resources towards baking in AI into its products, Reuters reported, citing an internal mem
Intuit to cut 3,000 jobs, Reuters reports, as stock falls ahead of earnings
10:40am, Wednesday, 20'th May 2026
Intuit is laying off around 3,000 employees globally, or roughly 17% of its workforce, as the software company restructures operations and intensifies its focus on artificial intelligence initiatives.
Intuit Stock Falls After Report Says Company To Cut 17% Of Workforce
10:11am, Wednesday, 20'th May 2026
Intuit Inc. (NASDAQ:INTU) shares are trading lower Wednesday following reports that the company plans to reduce its workforce by approximately 17%, or about 3,000 employees worldwide, as part of a bro
Exclusive: Intuit to cut 17% of global jobs to streamline operations, memo shows
09:04am, Wednesday, 20'th May 2026
Intuit is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline operations and sharpen focus on its key bets including its AI efforts, according to an internal
Intuit Likely To Report Higher Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
06:31am, Wednesday, 20'th May 2026
Intuit Inc. (NASDAQ:INTU) will release earnings for its third quarter after the closing bell on Wednesday, May 20.
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