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Intuit to Cut Nearly 10% of Its Workforce Financial software company Intuit will lay off nearly 1,800 employees as part of a reorganization plan to increase focus on artificial intelligence (AI), according to a GlobalData report .

.; However, the currentgovernment shutdownandsevere federal staffing cuts, including thoseat the DOL’s Employee Benefits Security Administration (EBSA), may impede this timeline and limit plan formation and implementation.

Resources for Reporters Whether you need summary data from our cutting-edge research, or in-depth interviews with workplace experts who can translate complex ideas into cogent quotes, WorldatWork is your go-to resource.

To learn more, visit https://worldatwork.org Resources for Reporters Whether you need summary data from our cutting-edge research, or in-depth interviews with workplace experts who can translate complex ideas into cogent quotes, WorldatWork is your go-to resource.

The remarks come after an internal memo penned by Musk said he wanted to cut 10% of jobs.

“These benefits at one time were cutting-edge, fringe, 'nice to have,' and now they have become mainstream.”

When an employer cuts 10% of its workforce, HR teams must immediately update reporting relationships, reevaluate roles and ensure that employees who take on expanded responsibilities are correctly leveled and paid within the appropriate salary range.

How do you cut through the noise to ensure your HR signal lands?

Publications Learn More Resources for Reporters Whether you need summary data from our cutting-edge research, or in-depth interviews with workplace experts who can translate complex ideas into cogent quotes, WorldatWork is your go-to resource.

Meta to Cut 10% of Employees in Metaverse Division Tech giant Meta recently announced it would cut around 10% of employees in its Reality Labs Business.