I hear from my boss another round is coming.
Intu target price
$400 by end of 2024. Another massive layoffs will follow.
I hate working here
F Intuit
Another layoffs on its way
It will be year end.
Upset customer complained on LinkedIn
Hey QuickBooks Company... Your company has really caused problems for one of my clients. We have called more than a dozen times over two weeks to address a payment transaction and no one is able to help. We are told we will receive a call back... no... — read more
Laid off in this round
Honestly, the best thing that happened to me. I had another job lined up, since I made it my habit long ago to always be on the lookout. I was actually trying to decide whether to stay or leave. I’m so glad they made that decision for me, because the... — read more
Intuit is worse than Amazon, Meta, Tiktok
Intuit is the most toxic company now.
SolarEdge cutting 400 jobs in second round of layoffs in six months
The Israeli renewable energy company SolarEdge announced on Monday that it is laying off 400 employees, approximately 8.5% of its workforce. This will be the company's second round of layoffs this year; in January, it laid off 900 workers... — read more
Another round of layoffs in 2025
Intuit leaderships is already planning for another layoffs to further reduce the number of employees due to over-hire in past few years. If you are being tagged as low performer or being piped you are most likely being put on the list. Be prepared... — read more
Canada
So, the complete Canada team was not meeting expectations đđđ???
That sounds like such a blatant lie from Intuit.... Thereâs no way they have 1,000+ employees ânot meeting expectationsâ...
Just saying...
âUnderperfomersâ - donât beat yourself over it
It’s really not you. It’s them. They just needed a sticker to put on people so they can somehow justify mass layoffs. We all know what it's about - incompetent and bit crookedy upper mgmt.
Maybe just move some employees around internally? Like this lucrative role with the DEI group?
Surely employees have some transferable skills? How about this HR role in DEI, for example. Pays great, too! From the ad, âThe expected base pay range for this position is Bay Area California $326,000-441,000, Southern California... — read more
Laying off people to catch up with innovation
I’m not sure they will prove capable of catching up with AI-related innovation. We are already late to the game. Taking on new people to replace those who were laid off and making a smooth transition takes time, and we don’t have it. Kudos for... — read more
"Underperformers"
If 1,050 of those being laid off are underperformers, what are the remaining 750? Collateral damage? To be honest, I didn't even see that many underperforms let go. I know a few and they're all chummy with management and have no fears about their... — read more
Intuit to cut about 1,800 jobs
TurboTax-parent Intuit said on Wednesday it will let go of about 1,800 employees, or 10% of its workforce, as it looks to reinvest capital in other critical areas. The company, which has invested heavily in providing generative AI powered... — read more
Layoffs
Layoffs are coming very soon. Notifications are going out. Layoffs will be announced very very very soon and it won’t just be DNME people. It’s across the board. Can people please provide more info on this? What does soon mean? This week, this... — read more
Overworked to the breaking point
Is anybody else near their breaking point due to how much work we've been expected to do since the last layoff? It's been a while now and I kept hoping things would improve and they'd hire more people to help us out, but it's not happening. I'm not... — read more
Management acting funny⌠layoffs soon probably
There is strange uncertainty with management. I think they’re going to have layoffs soon. Anyone know how to look up the legal notice they have to give out to the government?
New layoffs
It’s around the corner
Layoffs coming second half of the year?
INTU stock is down while others are up. Layoffs soon?
Which government agency to report this?
To activate the desktop version of TurboTax 2023 on your computer, you’ll be prompted to sign in to your existing Intuit Account (or create an account if you don’t already have one) before entering your license code. The software won't be useful... — read more
Layoffs???
Did you guys hear anything?
First to go are managers
Middle management layer is overweight
Layoffs?
Work is chaotic these days, layoffs?
SBSEG Layoffs
It is due. A big one is coming. The leaders are planning it.
Payments Layoffs?
Is it coming?
Layoffs plan
Boss told me layoffs are likely. Should I trust him?
Is breaking the law "Integrity without compromise"?
https://arstechnica.com/tech-policy/2023/09/ftc-judge-rules-intuit-broke-law-must-stop-advertising-turbotax-as-free/
#27 in the world (Forbes' best employers)
https://www.forbes.com/lists/worlds-best-employers/
2023 Tucson Layoffs-Mental Eugenics
Intuit has made great progress of upgrading the degree requirements for the rank-and-file sales in Tucson; however, this practice should be extended to the sales managers too. One does not want the sales force to follow the failures of managers who... — read more
Layoffs anytime soon?
What do you think? How will our financial results be? We report numbers in a day or two, what do you expect???
2022 -Pfizer to Announce a Record $80 Billion in Revenue Amid Layoffs in Sales Force. Moving to the digital world. Again, we are seeing compan
I wonder if the âdigital worldâ means farming out the orphan business accounts to outside third party VARS groups or to their own inside sales... — read more
Not surprised by more layoffs
Sad to see Intuit go back to cutting employees as a way to make shareholders happy. They use to do this for years in June every year to get everyone off the books by August (we called it layoff season in the Steve Bennett and early Brad Smith days)... — read more
What's the selection criteria?
How were the unlucky ones selected? LIFO (last in first out)? Performance?
Intuit Lays Off 715 Staff, Plans Revamp of Certain Sectors (JUNE 22, 2020)
TurboTax-maker Intuit Inc has cut 715 jobs, its Chief Executive Officer Sasan Goodarzi said in a note to employees on Monday, a move that is a part of the company's ongoing strategy to become an AI-driven platform. The income-tax filing software... — read more
9,816 - 715 = 9,101
We took a careful review of the company, looking for redundancies in tools, systems and for roles that were not aligned to where we are investing for the future. This has resulted in the painful decision to part with 715 friends and co-workers who... — read more
What happens next...
You will hear from my staff about the specific changes to your organization, and at the end of the day, we will share all of these emails on SNAP. In addition, we will host two town halls to provide you with an opportunity to ask questions. You can... — read more
What we are doing for those leaving...
There is never a good time for eliminating roles and re-balancing our investments. With all that is going on in the world today, itâs not an easy time for anyone to be starting a new chapter. Those impacted are our co-workers and friends, and we... — read more