- With Intuit (NASDAQ:INTU) having 8,000 workers as of July 31, 2014, the layoff covers roughly 5% of the tax/accounting software giant's workforce. “Over the last few days we’ve communicated organizational changes that drive greater alignment with the company’s priorities,” says an Intuit spokesperson.
- In tandem with the job cuts, Patrick Barry, head of Intuit's Demandforce cloud marketing/customer communications software unit (acquired in 2012 for $423M), has stepped down. He remains an employee.