Intuit announced a 17% global workforce reduction as part of a company-wide restructuring, which includes closing its Reno office and Woodland Hills, California office, with the last day for Reno employees set for July 31st; the company is offering severance packages to affected employees as part of efforts to consolidate operations in other locations.
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Intuit to close Reno office, resulting in local layoffsAdded:
In Money Watch, in a letter to employees this week, Intuit said it's cutting its global workforce by 17%.
That's thousands of people. It's part of a company-wide restructuring, which includes winding down the Reno office along with one in Woodland Hills, California. Intuit said it's meant to better consolidate employees in other locations. The last day for employees at the Reno location will be July 31st.
Intuit is offering employees who are let go a severance package.
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