Home Blog American IT company Intuit will layoff 1800 people gave this reason

American IT company Intuit will layoff 1800 people gave this reason

[ad_1]

Intuit Layoffs : America’s multinational business software company Intuit is going to do layoffs. This layoff is not a small one, it is quite big. According to reports, the company has announced that it will lay off about 1,800 employees. The company’s CEO Sasan Goodarzi has also written an open letter to the employees. He has said that this layoff will affect 10 percent of the company’s employees. The layoff of 1800 employees in the American IT company matters.

According to a TOI report, the company’s CEO says the layoffs are not aimed at cost cutting. He expects the company to rehire the same number of employees, mainly in the engineering, product and sales divisions.

In a letter to employees, Goodarji has said that the more than 1,000 employees who are being laid off are ‘not meeting expectations.’ It is believed that the company will close its two sites in Edmonton, Canada and Boise, Idaho.

The CEO’s letter also said that 300 positions are being eliminated to improve work efficiency. As part of the layoff plan, 80 technology roles are being consolidated in Atlanta, Bangalore, Tel Aviv and other locations.

In recent years, the world’s top companies have done layoffs. From Google to Microsoft and Paytm, everyone has done layoffs. A report in May said that Paytm’s owner One 97 Communications Limited may again cut jobs. The reason for this is none other than AI (Artificial Intelligence).

[ad_2]

Source link

RELATED ARTICLES

BSNL 365 Days Validity Plan Offers Daily 3GB Data Unlimited Calling Other Benefits

Government-owned telecom company BSNL offers many plans with a validity of one year. If you are looking for a prepaid plan with a validity...

Vivo T3 Ultra Microsite live on Flipkart Revealed Specifications Design

Vivo is going to launch Vivo T3 Ultra in the Indian market in September. Before the launch, the Ultra model has been spotted on...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

BSNL 365 Days Validity Plan Offers Daily 3GB Data Unlimited Calling Other Benefits

Government-owned telecom company BSNL offers many plans with a validity of one year. If you are looking for a prepaid plan with a validity...

Vivo T3 Ultra Microsite live on Flipkart Revealed Specifications Design

Vivo is going to launch Vivo T3 Ultra in the Indian market in September. Before the launch, the Ultra model has been spotted on...

Citroen Launches C3 Aircross in India, To Compete with Hyundai Creta, Kia Seltos, Price, Specifications

French automobile maker Citroen has launched the new SUV C3 Aircross in India. Its price is Rs 9.99 lakh to Rs 12.10 lakh...

Recent Comments