In 2024, Intuit, the Fortune 500 tech company behind widely used products such as QuickBooks and TurboTax, announced it was cutting 10% of its workforce, or 1,800 people. Like many other tech companies, Intuit was embarking on a period of massive change as it transitioned to embrace the opportunities of artificial intelligence.
AI adoption in San Jose brings third wave of layoffs and more reductions in office space
Expanding AI startups create jobs while their products allow companies to make cuts
By Nigel Hughes
CoStar AnalyticsOctober 31, 2025 | 6:53 P.M.
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