[HN Gopher] Mountain View-based Intuit to lay off 1,800 as part ...
___________________________________________________________________
Mountain View-based Intuit to lay off 1,800 as part of an AI-
focused reorg
Author : purpleblue
Score : 6 points
Date : 2024-07-10 22:04 UTC (56 minutes ago)
(HTM) web link (www.kron4.com)
(TXT) w3m dump (www.kron4.com)
| zer00eyz wrote:
| > In an email to employees, CEO Sasan Goodarzi said more than
| 1,000 of the layoffs were employees that were not meeting the
| company's elevated expectations.
|
| Blame AI cause you over hired medium talent?
|
| Having survived the 2000 bubble there were two kinds of folks
| left. Those who were important enough to keep and those who were
| passionate enough to stay and figure out how to eat till the
| market recovered. If that sounds grim, it is. And there are
| people of people who survived that time working bullshit jobs. My
| good friend talks about doing side gigs while working in the
| liquor store. About getting bumped off his dial up every time
| someone used the ATM.
|
| Coming out of that grim period was an amazing time (2003 onward).
| Talent was all that was left, and they were chomping at the bit
| to start up interesting products and projects.
| seanmcdirmid wrote:
| We have busts where people wash out every decade or so. You
| aren't really senior until you survived at least one bust, two
| busts you should already have your FU money to do whatever you
| want.
| etc-hosts wrote:
| The fact that filing your taxes is a 14 billion dollar industry
| is very depressing.
| reducesuffering wrote:
| > Intuit will also close offices in Boise, Idaho and Edmonton in
| Alberta, Canada where more than 250 employees work.
|
| They acquired a profitable company, TSheets Boise, and then just
| layoffed the entire thing years later? Product acquired so screw
| the people that built it?
___________________________________________________________________
(page generated 2024-07-10 23:01 UTC)