Intuit CEO tells Business Insider How Intuit Has Avoided Mass Tech Layoffs

In a story from Business Insider, Intuit CEO Sasan Goodarzi explains Intuit, which owns QuickBooks®, Turbo-tax, Mailchimp and CreditKarma, has managed to avoid mass tech layoffs. 

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Goodarzi goes on to say that the nearly 300,000 staff laid off by other tech firms since the start of 2022 (per Layoffs.fyi) came down to those companies misunderstanding the pandemic.

The number of total Intuit employees actually rose from 13,500 in 2021 to 17,300 as of July of 2022.

You can read the entire story at Business Insider HERE.


Disclosures

Business Insider is a trademark of Insider Inc. which is a subsidiary of Axel Springer SE.

As used herein, Intuit®, QuickBooks®, Turbo-tax, Mailchimp and CreditKarma refer to one or more registered trademarks of Intuit Inc., a publicly-traded corporation headquartered in Mountain View, California.

Layoffs.fyi is the creation of Roger Lee, an Internet entrepreneur based in San Francisco. Mr. Lee established Layoffs.fyi to track all tech layoffs since COVID-19.

Any other trade names or references used herein may refer to registered, trademarked or copyrighted materials held by their respective owners; they are included in the content for informational and educational purposes only.

This is an editorial feature, not sponsored content. No vendor associated with this article has paid Insightful Accountant or the author any form of remuneration to be included within this feature. The article is provided solely for informational and educational purposes.

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About the Author

William Murphy

William (Bill) Murphy, better known as "Murph," is responsible for day-to-day technical content. He is also serves as Administrator for the Top Advisor Awards Program. Murph is an Advanced Certified ProAdvisor with over 30 years of QuickBooks consulting experience. He has more than 45 years of experience in Business, Finance and Public Accounting. For many years Murph was the “anchor” of the National Advisor Network’s online forum (now the Woodard forum) and three-time consecutive winner of the NAN Online MVP award. Murph has published numerous articles in industry publications and served as Technical Editor for Business Analysis with QuickBooks by Wiley Publishing.

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