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Intuit laid off 3,000 employees (17% of workforce) and is considering closing some offices to streamline operations and reduce management layers. CEO Sasan Goodarzi stated the cuts were not AI-related but aimed at eliminating inefficiencies and accelerating decision-making. The company expects $340 million in restructuring charges and plans to use savings for margin expansion and shareholder buybacks.

Tyler Robert Buchanan, a senior member of the cybercrime group Scattered Spider, pleaded guilty to wire fraud conspiracy and aggravated identity theft for his role in 2022 SMS phishing attacks that compromised major tech companies and stole $8 million in cryptocurrency. He faces over 20 years in prison and was linked to phishing domains registered under his UK-based IP address.