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The Nexus
BUSINESSMay 20 · 20:17 UTCCNBC TOP

Intuit plans to cut workforce by about 17% as tax software maker reckons with slowing growth

Intuit plans to cut its workforce by about 17% due to slowing growth. The company's stock has been negatively impacted by concerns over generative artificial intelligence models. Intuit is a tax software maker.

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