layoffs

AI Doing Its Worst: Intuit to Lay Off 10% of Workforce

Intuit, the financial software giant behind QuickBooks and TurboTax, has revealed plans to lay off approximately 1,800 employees worldwide, representing 10 percent of its workforce, as part of a strategic shift towards AI and other priority areas.

Intuit CEO Sasan Goodarzi

Land of the Layoffs: 72% of High Earners Fear Losing Job to AI, Economic Woes

A new survey reveals that the relentless wave of tech industry layoffs combined with the rise of AI has fueled widespread anxiety over job security among American workers. More than 72 percent of Americans making more than $150,000 fear losing their jobs to AI and other sources of economic insecurity, while even 50 percent of those making under $50,000 feel the same way.

(iStock/Getty Images)