Intuit axes 3,000 – without blaming AI
'Margin expansion' and a 'faster, leaner' company are CEO Sasan Goodarzi's goals
Intuit has cut its full time workforce by 17 percent and is considering closing offices in some markets “to become “faster, leaner, and more focused,” company CEO Sasan Goodarzi told investors during a Wednesday earnings call.
“This was not about AI,” Goodarzi said, before explaining that over the last year company management has studied the question "beyond the tools that we are putting in place across the company, what is actually the biggest blocker and what is getting in our way?"
One of the answers was that Intuit had too many layers of management. Goodarzi said doing so will "reduce the complexity of information flow of ... so we can push decision making to our frontline folks that are the builders.”
The CEO said Intuit also decided to cut in what he described as “coordination-heavy” roles such as...
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