The company is profitable. Why do they layoff people? They have enough money to hire engineers for the AI innovation. https://abcnews.go.com/Business/wireStory/tax-preparation-company-intuit-lay-off-1800-part-111813621
Cause they can
AI
The balls to say that we fired ppl who dint perform well
Profitable isn't the goal of a business lol
Being profitable doesn't mean you should keep all your engineers or hire more. You should have as many engineers as you can pay and you can keep productively adding business value.
If your product is feature complete you end up with a bloated mess.
Scammers holding the entire nation hostage by making taxes as complicated as possible.
lol what? Gov make taxes unnecessarily complicated. Folks at intuit at least let me file it myself for $100 bucks rather than paying someone $500 to file for me
Who do you think is lobbying for this?over $3 mil in 2023. By far the largest among all tax preparers. You know you can file taxes for free?
Twitter fired 80% of its employees and is running fine and adding more features. It's the year of efficiency.
Because the people getting laid off are not adding value for customers. Other higher value roles are getting filled instead.
Were there layoffs on credit karma
They are firing because they bought crappie karma for $8b. lol. Worst acquisition by Inuit.
mthrfker CEO making it difficult to find jobs for laid off employees by saying - more than 1,000 of the layoffs were employees that were not meeting the company's elevated expectations.
Godarzi is a mtrfkr, he is so woke that he takes pride in his daughter using they/them pronoun. Lol 😂 That clown doesn’t know what he talks about, he will burn Intuit down to ground!!
Indeed. Now the laid off workers have to go the extra miles to prove they are decent performers in job seeking conversations, thanks to those m*f* corporate announcement. This adding insult to injury.
They don’t want to cut profits… If they hire more people and without layoffs then their operations cost increases which will decrease stock price and comp for all employees and executives decreases. They would rather cut deep to save profits
They are hiring more people or at least replacing them.
Doesn’t more hiring means more projects to execute and more revenue?