Intuit cuts 7% of its workforce

Intuit Aligns Organization to Invest in Connected Services Strategy

Intuit cuts 7% of workforce or 575 positions in its plans to focus on both traditional and new markets across the globe , while embracing social networking and mobile technology trends.

The company will reallocate those resources to invest in key growth businesses and accelerate innovation.

Source: http://blogs.mercurynews.com/docudrama/2008/06/26/intuit-aligns-575-jobs-out-of-existence.

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