Good morning. Big tech companies are readjusting personnel in the age of artificial intelligence. This includes Google, which informed its employees in April that it is restructuring its finance team to redistribute resources toward AI. The latest example is software giant Intuit.
I reported yesterday that the Fortune 500 company—known for products like QuickBooks, Credit Karma, and TurboTax—is laying off approximately 1,800 of its global employees, which amounts to 10% of its workforce and includes some executives. CEO Sasan Goodarzi wrote an email to employees announcing the “very difficult decisions my leadership team and I have made.”
