Intuit has downsized its full-time workforce by 17 percent, resulting in approximately 3,000 job cuts globally as part of its efforts to streamline operations and prioritize key areas such as artificial intelligence (AI). CEO Sasan Goodarzi, in an internal email on Wednesday, emphasized the company’s focus on simplifying its structure to enhance growth and achieve strategic objectives, particularly in scaling their AI-driven platform for delivering enhanced customer benefits through data, AI, and human expertise.
The company aims to eliminate management layers, reduce coordination-heavy roles, and phase out offices in Reno, Nev., and Woodland Hills, Calif. Furthermore, Intuit plans to optimize investments by minimizing redundancies between its TurboTax and Credit Karma offerings following their integration.
Although specific details on the Canadian job impact were not disclosed, Intuit’s previous layoffs in 2024 affected its Edmonton office, which was subsequently closed. As of July 31, 2025, Intuit had approximately 18,200 employees across seven countries, as per the company’s latest annual report.
Affected employees were notified of their job status on Wednesday. The layoffs align Intuit with a trend of corporate downsizing this year, with other notable companies like Amazon, Block, and Pinterest announcing significant job cuts. While AI wasn’t explicitly cited as the primary reason for Intuit’s layoffs, other tech firms like Block and Pinterest have attributed AI as a contributing factor to their restructuring decisions.
Intuit has engaged in strategic partnerships with AI startups Anthropic and OpenAI to incorporate their AI models into its software, enhancing personalized tax, finance, accounting, and marketing services through Claude and ChatGPT. The job reductions precede Intuit’s third-quarter results, where it anticipates an annual revenue range of $21.34 billion US to $21.37 billion US, surpassing its previous forecast. The restructuring associated with the layoffs is expected to incur approximately $300 million US in charges for the company, according to Reuters.
