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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 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.

Intelligence CNBC May 20, 2026

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