Intuit cuts TurboTax forecast by $25M, plans 17% layoffs
Intuit cut its TurboTax revenue forecast by $25 million due to a 30-basis-point drop in IRS filings, while also planning to lay off 17% of its workforce to focus more on AI-driven financial tools. In…
Yahoo Finance — 30 May 2026
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Intuit slashed its TurboTax revenue forecast after seeing a nearly 30-basis-point drop in IRS filings this season, cutting its annual guidance by abou
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