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TurboTax-parent Intuit said on Wednesday it will let go of about 1,800 employees, or 10% of its workforce, as it looks to focus on its AI-powered tax preparation software and other financial products.
Company Type 2020 ranking [1]; Microsoft: Computer Software: 13 Oracle: Computer Software: 89 Salesforce: Computer Software: 123 Adobe: Computer Software: 210 Intuit
In March 2021, the company was the number one mortgage lender by overall business in the United States, a title it held until October 2022. [ 31 ] [ 32 ] On May 12, 2021 Quicken Loans announced that it would be rebranded to Rocket Mortgage, by July 31, 2021.
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The company was founded in 1983 by Scott Cook and Tom Proulx in Palo Alto, California. [12] [13] [14] [15]Intuit was conceived by Scott Cook, whose prior work at Procter & Gamble helped him realize that personal computers would lend themselves towards replacements for paper-and-pencil based personal accounting. [16]
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