Intuit, the company behind TurboTax, is making a bold move by laying off 1,800 employees

Intuit is enhancing its products with AI, including QuickBooks and Credit Karma.

The company plans to rehire 1,800 employees in critical roles like engineering and product development.

Affected employees will receive comprehensive severance packages.

Intuit is expanding its presence in Canada, the UK, and Australia.

This transformation is set to revolutionize Intuit's offerings and strengthen its market position.