Intuit is laying off approximately 3,000 employees. This reduction represents 17% of the company's global workforce. Intuit shares fell 3.9% following the announcement. CEO Sasan Goodarzi stated the restructuring aims to reallocate resources toward artificial intelligence. The strategy focuses on streamlining operations and reducing organizational complexity. Affected U.S. employees will receive 16 weeks of base pay. Severance includes an additional two weeks of pay for each year of service.