Intuit Cuts 3,100 Jobs to Fund AI "Big Bets"
Intuit is laying off 17% of its workforce, approximately 3,100 employees, to invest in artificial intelligence initiatives.
21 May 2026
Intuit is laying off 17% of its workforce, approximately 3,100 employees, to invest in artificial intelligence initiatives.
Cboe Global Markets is undergoing a major restructuring, slashing its global workforce by 20% and overhauling its remote work and office policies.
As part of its major cost-cutting initiative, Nike is reducing its workforce by 1,400 employees, with the Nike layoffs primarily targeting its tech division.