MAY 26·SEC EDGARLow
PRABHU VASANT M purchased $155K of INTU
PRABHU VASANT M purchased 500 shares of INTUIT INC. (INTU) at $309.72 ($0.15M total) on 2026-05-26.
StockTechnology · Software - Application
$INTU
INTUIT INC.
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MAY 26·SEC EDGAR
PRABHU VASANT M purchased $387K of INTU
PRABHU VASANT M purchased 1,250 shares of INTUIT INC. (INTU) at $309.45 ($0.39M total) on 2026-05-22.
MAY 26·cfotech.news
Intuit cuts 17% workforce as it doubles down on AI
Intuit will cut about 17% of its full-time workforce, CEO Sasan Goodarzi said, as the company simplifies its structure, reduces management layers, and shifts resources to AI, consumer and business financial services, and the mid-market. It will close Reno and Woodland Hills offices and reduce overlapping roles across TurboTax and Credit Karma. Severance in the US is 16 weeks base pay plus 2 weeks per year, with departures by July 31, 2026.