Similar Stories to Intuit’s Ai Gamble: Mass Layoff Of 1,800 Paired With Hiring Spree on Bing News

Enlarge (credit: Getty Images) On Wednesday, Intuit CEO Sasan Goodarzi announced in a letter to the company that it would be laying off 1,800 employees—about 10 percent of its workforce of around 18,000—while simultaneously planning to hire the same number of new workers as part of a major restructuring effort purportedly focused on AI. "As I’ve shared many times, the era of AI is one of the most significant technology shifts of our lifetime," wrote Goodarzi in a blog post on Intuit's website.

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BING NEWS:
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    A new report finds that the technology and education sectors have been especially hard hit by job cuts and low hiring so far in 2024.
    09/5/2024 - 7:31 am | View Link
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