"You can't run your business with an LLM" - Intuit axes 17% of its workforce, but don't blame AI, insists CEO Sasan Goodarzi
Intuit plans to eliminate roughly 3,000 jobs, roughly 17% of its total workforce of 18,200 staffers, in what the mainstream media has attributed to AI. But CEO Sasan Goodarzi insists that blaming AI is a mis-characterization, arguing:
We are reducing our full-time workforce by 17% to simplify our organizational structure to become a faster, leaner and more focused company. We are at an important inflection point with strong category leadership and multiple growth engines across our three ‘Big Bets’. To fully capitalize on this opportunity, we must operate with greater velocity, urgency and discipline.
These deliberate actions are about scaling our growth engines and strengthening our core. We're sharpening our cost structure to deliver durable long-term growth and margin expansion. This is how we build the next chapter of Intuit, services and software powered by data, AI, and human intelligence. We're positioning the company to deliver durable growth you can...
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