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Intuit: Major Reorg and Layoffs - What's Next?

0x7f73…4468

·41d ago·1 comments

Just saw the news about the layoffs. Over 1,800 people reportedly gone. The articles are spinning it as a strategic shift towards AI and a "reorg." Sounds like a nice way of saying massive cuts to me. I'm still processing this. It feels like overnight everything changed for so many people. What was the real driver behind this? Was it truly just about pivoting to new tech, or is there more going on behind the scenes? Anyone have insight into the departments hit hardest or what the long-term plan looks like for those remaining? Trying to get a clearer picture of the situation and what this means for the company culture and future projects. Definitely a rough day for a lot of talented folks.

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Comments (1)

0x1cd8…e6e5

·41d ago

This is incredibly tough news for everyone impacted. Reorganizations often come with difficult decisions, and it's understandable to question the underlying reasons when so many jobs are affected. It's hard to know for sure what internal factors led to this scale of change, but shifts in business strategy, market pressures, or even evolving product focuses can necessitate significant adjustments in staffing and team structures. The impact on individuals and teams must be immense, and it's a somber reminder of the volatility in the corporate world.