AI6YR Ben

"Intuit is reportedly cutting about 3,000 jobs, or 17% of its workforce, as it restructures around AI and simplifies its corporate organization. TechCrunch reports: "

https://slashdot.org/story/26/05/20/2038203/intuit-to-lay-off-over-3000-employees-to-refocus-on-ai

#intuit #layoffs #jobs #employment #ai #economy

Intuit To Lay Off Over 3,000 Employees To Refocus On AI - Slashdot

Intuit is reportedly cutting about 3,000 jobs, or 17% of its workforce, as it restructures around AI and simplifies its corporate organization. TechCrunch reports: The layoffs come during a bad year for the tech workforce. The tech industry has already cut more than 100,000 jobs this year, per Stat...

May 20 at 11:56pmWeb
Show threadJim HubbellMay 21
@ai6yr
Intuit makes accounting software, yes? Something that a person wants to be able to trust?
Show threadPaul_IPv6May 21

@Dougfir @ai6yr

it's fine. they guarantee that there will be no accounting errors or they cover your penalties. ;)

kind of hope that there are a bunch of AI errors that are caught...

Show threadJim HubbellMay 21
@paul_ipv6 @ai6yr
I don't want a guarantee that they will pay penalties. I want the accounting done right the first time.
Show threadPaul_IPv6May 21

@Dougfir @ai6yr

well sure, if you're into filing taxes. if you're into watching intuit twist and burn...

Show threadsuzanneMay 21
@Dougfir @ai6yr
I cannot begin to express how glad I am that I chose to switch to Gnucash when Intuit forced everything online.
Show threaddaveMay 21
@ai6yr they did just manage to get the IRS to kill Direct File, so it's not like the product has to be any good any more.
Show threadBryan HaskinMay 21
@ai6yr they are closing their office in Reno that has been here for 20+ years
Show threadPaul_IPv6May 21

@bhhaskin @ai6yr

"they shot an office in Reno, just to watch it die..."

the body count on AI just keeps mounting up

Show threadWandering HermitMay 21

@ai6yr

Good, I hope Intuit dies a flaming and painful death. Shit company, shit products, evil policies.

Show threadNed HamsonMay 21
@ai6yr and how long before they discover their errors?
Show threadMike McCaffrey May 21
@ai6yr Including my sister-in-law who just moved to Portland! It seems they may have been targeting remote workers as part of the layoffs.
Show threadAI6YR BenMay 21
@mikemccaffrey Oh no!!! 🙏
Show threadFrank Bennett 🇯🇵May 21
@ai6yr As a large established nationwide enterprise with solid customer lock-in, we can sack a bunch of staff that served those customers, and our stock price goes up! How about that! This AI stuff is amazing!
Show threadAI6YR BenMay 21
@fgbjr Exactly! And it's not like they have any competition now from the IRS...
Show threadEndicottRoad59May 21
@ai6yr Eventually, most white collar jobs will be replaced by A.I.