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The Latest Breaking News from Sasan Goodarzi

Intuit (NASDAQ:INTU) reported fiscal third-quarter revenue growth of 10% and raised its full-year outlook, while management outlined plans to reduce the company’s full-time workforce by 17% and adjust its approach to lower-income, price-sensitive tax filers. Chairman and CEO Sasan Goodarzi said the

MarketBeat

Intuit to cut 17% of global jobs to streamline operations, memo shows

Intuit is cutting around 3,000 jobs globally. This move aims to simplify operations and boost focus on key areas, especially artificial intelligence. The company is integrating AI models from startups like Anthropic and OpenAI. This follows a trend of tech companies reducing staff this year. Employees in the US will…

The Economic Times

Intuit was an AI pioneer. Why its stock became a SaaSpocalypse casualty

Intuit spent years weaving AI and human experts into its business, only to see investors dump the stock in an AI-driven investor panic.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Adobe vs. Intuit: Which 52-Week Low Is a Buy?

In Tuesday’s trading, 195 Nasdaq stocks hit new 52-week lows. Among those stocks were two tech titans, Adobe and Intuit. They’ve been hit in 2026 by investor concerns that AI could hurt SaaS companies’ future growth and profits.

Barchart

As Intuit Jumps Into Stablecoin Business, Should You Buy, Sell, or Hold INTU Stock?

INTU is betting stablecoins can deepen its platform moat, though high multiples leave little room for missteps.

Barchart

Intuit CEO says Gen Z is staving off recession by putting it on plastic: 'Credit card balances are up 36-37%, but they still have jobs’

Gen Z is making more money, adjusting for inflation, than previous generations at their age, but their dollars aren’t going as far as before.

Fortune

Warren Buffett’s exit is ‘leadership at its most selfless,’ McKinsey CEO whisperer says. It’s a powerful lesson in Fortune 500 succession

Carolyn Dewar told Fortune that CEO succession is so difficult that Intuit’s Brad Smith invited Steve Young in to talk about succeeding Joe Montana.

Fortune

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You just hired your first CAIO. Now what?

Today’s CAIOs have broad mandates that can include data management, AI governance, workflow change management, as well as developing partnerships with AI companies and software vendors. Understanding where the CAIO fits within the organization is key.

Fortune

Intuit CEO Sasan Goodarzi on 'the most significant launch we've ever had in our history'

Also: All the news and watercooler chat from Fortune.

Fortune

Intuit's CEO continues to 'bet the company on AI and data'

AI is beginning to fundamentally change business.

Fortune

Intuit Announces AI-Focused Reorganization Plan, Laying Off 10% Workforce

Intuit announces reorganization plan focusing on AI, laying off 1,800 employees but planning to hire in 2025.

Top News

Exclusive: Intuit is laying off 1,800 employees due to AI transformation

But the maker of QuickBooks, Credit Karma, and TurboTax said in an internal email seen by Fortune it is also hiring for 1,800 new roles as part of the AI evolution.

Fortune

Intuit spent billions in a massive bet on A.I. and just revealed its new virtual assistant

Will millions of tax filers and small business owners trust personalized advice from A.I.? CEO Sasan Goodarzi is betting the future of his company that they will.

Fortune

How a Fortune 500 tech company is helping transgender employees weather an anti-trans backlash

Financial-software giant Intuit has listened to and stood up for its transgender staff at a pivotal time.

Fortune

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news in one place.

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Fortune

Inside Intuit's multibillion-dollar bet on big data

Intuit CEO Sasan Goodarzi is betting big on A.I. and strategic acquisitions to broaden the business.

Fortune

Intuit CEO Sasan Goodarzi says A.I. is turning the TurboTax parent into more than a 'transactional' platform

He compares the A.I. revolution to the advent of electricity and the internet.

Fortune

A.I. is a 'more dramatic' shift than electricity or the internet, says Intuit CEO Sasan Goodarzi

The TurboTax parent reframed its strategy around A.I. four years ago.

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