U.S. Based Company Fires 17% Employees, What’s Up?

It is already known that several global companies have started to structure the human workforce with regard to the AI integration. We have arrived at point where companies are starting for fire 10% to 20% of their global workforce in a span of few days.

The latest activity is with Intuit company which has reportedly fired 17% of its global workforce and this decision was taken in just a single day.

On the very same day Meta has fired around 7000-8000 people, another US based company Intuit had fired 3000 employees who constitute around 17% of its global workforce.

Intuit is an American multinational business software company that specializes in financial software. Headquartered in Mountain View, California, the company is led by CEO Sasan Goodarzi.

Intuit’s products include the tax preparation application TurboTax, the small business accounting software QuickBooks, the credit monitoring and personal finance service Credit Karma, and the email marketing platform Mailchimp.

This will go down as one of the biggest sizing down operations by any U.S. company in terms of volume of workforce and this is an indication of things to come.