Browsing: job cut

Intuit announces 1800 job cuts – about 10% of the company’s total headcount, selecting 1050 employees who don’t meet expectations. Intuit stock fell 2.57% to close at $632.84 in early trading Wednesday, up 1.25% year-to-date, compared with a 23.3% gain on the Nasdaq Commodities (Nasdaq COMP).