Fintech company Intuit plans to cut about 1,800 employees to develop its AI projects. 🤖 The restructuring will affect 10% of the staff. Instead of those laid off, they plan to hire specialists in the field of AI. The cuts aren't about cost savings: "We're not laying off people to cut costs," said CEO Sasan Goodarzi. Innovations will cost the company $250-260 million. According to rumors, Intuit shares fell by 3.6% after the news.