Logos Stick said:

---

Not to hijack my own thread, but Intuit just announced layoffs:

Quote:

---

May 20, 2026 8:04 AM CDT (Reuters) -

Intuit is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline operations and sharpen focus on its key bets including its AI efforts, according to an internal memo seen by Reuters on Wednesday.

The company has signed multi-year deals with AI startups Anthropic and OpenAI to integrate their AI models into its software, and add Intuit's personalized tax, finance, accounting and marketing capabilities into Claude and ChatGPT.

---

https://www.reuters.com/business/world-at-work/intuit-cut-17-global-jobs-streamline-operations-memo-shows-2026-05-20/

---

Ha. ChatGPT announced their new personal financial management software a couple of days as part of their Pro plan and said they are doing it by partnering with Intuit. My very first thought was Intuit basically let the barbarians in the gates.

Logos Stick said:

---

Not to hijack my own thread, but Intuit just announced layoffs:

Quote:

---

May 20, 2026 8:04 AM CDT (Reuters) -

Intuit is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline operations and sharpen focus on its key bets including its AI efforts, according to an internal memo seen by Reuters on Wednesday.

The company has signed multi-year deals with AI startups Anthropic and OpenAI to integrate their AI models into its software, and add Intuit's personalized tax, finance, accounting and marketing capabilities into Claude and ChatGPT.

---

https://www.reuters.com/business/world-at-work/intuit-cut-17-global-jobs-streamline-operations-memo-shows-2026-05-20/

---

Crap. I have an Ag friend who is there. I hope he's okay.



===============================
Public Service Announcement

Ags, don't be left out in the cold. No one can save you.
Invest well or start a business for side-income.

Just buy S&P500 Index Fund (VOO) with extra cash and you will be rich some day and not need to worry about layoffs.

YouBet said:

---

Logos Stick said:

---

Not to hijack my own thread, but Intuit just announced layoffs:

Quote:

---

May 20, 2026 8:04 AM CDT (Reuters) -

Intuit is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline operations and sharpen focus on its key bets including its AI efforts, according to an internal memo seen by Reuters on Wednesday.

The company has signed multi-year deals with AI startups Anthropic and OpenAI to integrate their AI models into its software, and add Intuit's personalized tax, finance, accounting and marketing capabilities into Claude and ChatGPT.

---

https://www.reuters.com/business/world-at-work/intuit-cut-17-global-jobs-streamline-operations-memo-shows-2026-05-20/

---

Ha. ChatGPT announced their new personal financial management software a couple of days as part of their Pro plan and said they are doing it by partnering with Intuit. My very first thought was Intuit basically let the barbarians in the gates.

---

Aah, i initially misread what you typed.

Was working with Intuit this year, and the absence of AI in the platform was super annoying. Their help sucks, AI built into the platform would be very helpful

You are correct, they might have let the barbarians in.

Just saw this. How sad. People are suffering. I consider myself lucky that my period of having kids was done in the 00's when corps were not this evil and heartless. I know how painful it is because I got laid off 2 months after my first child's birth and my wife wasn't working then so we had no income and a new baby and I did not have much money saved up (I was clueless about finances). I am generally a trusting and naive person. I used to believe the world was a good place. Until I saw how stupid I was and now I see the world in its naked evil glory. It is sad that many people still trust corporations and governments and expect these entities to take care of them if they work hard enough. Those days are long gone, if they ever existed.

I want to build my wealth to a certain level when I can feel 100% safe. Then I will begin to reach out to Americans who are in the situation of this woman below and help them one to one. It pained me a lot to read a post from someone on Linkedin that he was sleeping in his car after he lost his job and his house. Dude had worked in Google and other places. This shouldn't happen in America, we are fast becoming a 3rd world country.

I've been homeless recently, sleeping in my car. Several times. Broke. Etc.

It sucks.

Oh well, such is life.

I'm pregnant, and I need to be protected from a layoff so I can take my maternity leave.

BigRobSA said:

---

I've been homeless recently, sleeping in my car. Several times. Broke. Etc.

It sucks.

Oh well, such is life.

---

But it wasn't fun, was it? I am lucky that I have never been homeless but i am sure it was terrible.

But that doesn't mean it is okay. I don't know what the solution is but it just a terrible way to treat people.

infinity ag said:

---

BigRobSA said:

---

I've been homeless recently, sleeping in my car. Several times. Broke. Etc.

It sucks.

Oh well, such is life.

---

But it wasn't fun, was it? I am lucky that I have never been homeless but i am sure it was terrible.

But that doesn't mean it is okay. I don't know what the solution is but it just a terrible way to treat people.

---

Of course it's not fun.

I drank a big, heaping cup of suck it the **** up and got on with it.

aggiehawg said:

---

And younger generations wonder why Boomers may be suspicious of AI? We were raised on 2001, A Space Odyssey. Computers were not to be trusted. Then The Terminator with Sky Net.

---

The flaw in understanding HAL is often a false assumption that he was the pinnacle of technology that finally thought like a human with a soul, morality, and ethics. Reality was he was just another tool, and he was programmed by other humans to prioritize the mission over the lives of the crew. I once read a review of the movie that called HAL a villain. I disagree with that HAL was no more of an villain than a screwdriver. The real villains were HALs programmers


Also, F META. Their moderation is only slightly less crappy than Reddit

Burdizzo said:

---

aggiehawg said:

---

And younger generations wonder why Boomers may be suspicious of AI? We were raised on 2001, A Space Odyssey. Computers were not to be trusted. Then The Terminator with Sky Net.

---

The flaw in understanding HAL is often a false assumption that he was the pinnacle of technology that finally thought like a human with a soul, morality, and ethics. Reality was he was just another tool, and he was programmed by other humans to prioritize the mission over the lives of the crew. I once read a review of the movie that called HAL a villain. I disagree with that HAL was no more of an villain than a screwdriver. The real villains were HALs programmers


Also, F META. Their moderation is only slightly less crappy than Reddit

---

It was a joke.

BigRobSA said:

---

infinity ag said:

---

BigRobSA said:

---

I've been homeless recently, sleeping in my car. Several times. Broke. Etc.

It sucks.

Oh well, such is life.

---

But it wasn't fun, was it? I am lucky that I have never been homeless but i am sure it was terrible.

But that doesn't mean it is okay. I don't know what the solution is but it just a terrible way to treat people.

---

Of course it's not fun.

I drank a big, heaping cup of suck it the **** up and got on with it.

---

LOL.

I don't always agree with you BigRob, but I have much respect for you.

Burdizzo said:

---

aggiehawg said:

---

And younger generations wonder why Boomers may be suspicious of AI? We were raised on 2001, A Space Odyssey. Computers were not to be trusted. Then The Terminator with Sky Net.

---

The flaw in understanding HAL is often a false assumption that he was the pinnacle of technology that finally thought like a human with a soul, morality, and ethics. Reality was he was just another tool, and he was programmed by other humans to prioritize the mission over the lives of the crew. I once read a review of the movie that called HAL a villain. I disagree with that HAL was no more of an villain than a screwdriver. The real villains were HALs programmers


Also, F META. Their moderation is only slightly less crappy than Reddit

---

HAL was redeemed in 2010, faulty programming.

infinity ag said:

---

Anyone here on Texags who works for Meta?

Let us know the mood inside the company.

---

I work in data center engineering for Meta, I was not laid off today though many on my team were. Mood is abysmal, I came from O&G so routine layoffs are nothing new to me but they are to many of the long-timers here, and leadership doesn't have the experience to do these layoffs thoughtfully or smartly.

Octo Pie said:

---

infinity ag said:

---

Anyone here on Texags who works for Meta?

Let us know the mood inside the company.

---

I work in data center engineering for Meta, I was not laid off today though many on my team were. Mood is abysmal, I came from O&G so routine layoffs are nothing new to me but they are to many of the long-timers here, and leadership doesn't have the experience to do these layoffs thoughtfully or smartly.

---

My last RIF went like this:

We get an email. It says "we are having a RIF today. If you get a meeting notice for 10am, you have been RIFed. Attend the meeting to hear the specifics."

My manager had no idea it was happening and we lost one person on our team.

Logos Stick said:

---

In addition to firing 8000 (includes both U.S. citizens/residents and H-1B holders), bringing headcount back down to their 2021 level, they are moving 7000 employees to new positions to staff AI initiatives become H1B recruiters and outsourcers ;-). This RIF means ZERO additional headcount since 2021 for the company, after increasing headcount at around 35% per year the five years prior to 2021. They also are nuking 6000 open positions.

Quote:

---

May 18, 20262:16 PM CDT

Meta to transfer 7,000 staff to AI initiatives and eliminate managers.

---

https://www.reuters.com/world/meta-lays-out-plans-may-20-layoffs-restructuring-internal-document-says-2026-05-18/

---

I've probably missed it, but I assume Google is laying off/transferring search employees to ai?

If ad revenue is your cash cow and people don't google but go to AI, SEO seems to be semi-obsolete unless you can put ads in AI with the answers to questions.

Just wondering out loud how orgs that capture individual data deal with a shift to AI. Not just that FB is grandmothers, but what compelling content is there that you can't populate in AI instead?

do people not realize that in a country of 330 million Americans-

literally MILLIONS of people change jobs every year.

Logos Stick said:

---

BigRobSA said:

---

infinity ag said:

---

BigRobSA said:

---

I've been homeless recently, sleeping in my car. Several times. Broke. Etc.

It sucks.

Oh well, such is life.

---

But it wasn't fun, was it? I am lucky that I have never been homeless but i am sure it was terrible.

But that doesn't mean it is okay. I don't know what the solution is but it just a terrible way to treat people.

---

Of course it's not fun.

I drank a big, heaping cup of suck it the **** up and got on with it.

---

I don't always agree with you BigRob,...

---

And these are the times you are wrong!!!!1




;-)

infinity ag said:

---

YouBet said:

---

Still think it's funny he renamed the company to match his vision and that vision has failed and he moved on from it.

---

Maybe Zuck isn't as bright as we assume. He may have been in the right place at the right time which is HUGE for success. He may be bookish smart to get into Harvard.

As CEO I am not impressed. One can give him credit for buying Instagram. Everything else has been a failure including him going ape-sheet about AI and buying "top people" for millions/billions.

The $1.5 billion engineer: Meta's latest hire shows how costly the AI talent race has become
https://www.calcalistech.com/ctechnews/article/skr56vtpgl

Quote:

---

Tulloch, a key figure in Murati's fast-rising startup, reportedly received a compensation package that could be worth as much as $1.5 billion over six years, including top-tier bonuses and stock incentives, according to the Journal.

---

Zuck pays his engineers very well, which is why people (mainly H1Bs) go and stay there as they are okay with abuse. Americans will not.

I predict this company will go out of business in a few years. His last chance is to strike gold in AI (whatever that means).

---

Lol at the number of advertisements they're squeezing everywhere on the platforms. Ever few posts is sponsored content. If you're scrolling the shorts, there's an ad interested into each one or at the end of each one. If you want to watch it again it's go back to share it with a friend, you must wait for the ad to end.

I figure customers will tolerate a certain amount of ads, but at a point customers will become tired of them at every turn. I'm certainly getting to that point that I'm sick of it

Meanwhile their algorithm is really lacking. There's less and less of what I want to see and more and more of what I do not.

coolerguy12 said:

---

infinity ag said:

---

Just saw this. How sad. People are suffering. I consider myself lucky that my period of having kids was done in the 00's when corps were not this evil and heartless. I know how painful it is because I got laid off 2 months after my first child's birth and my wife wasn't working then so we had no income and a new baby and I did not have much money saved up (I was clueless about finances). I am generally a trusting and naive person. I used to believe the world was a good place. Until I saw how stupid I was and now I see the world in its naked evil glory. It is sad that many people still trust corporations and governments and expect these entities to take care of them if they work hard enough. Those days are long gone, if they ever existed.

I want to build my wealth to a certain level when I can feel 100% safe. Then I will begin to reach out to Americans who are in the situation of this woman below and help them one to one. It pained me a lot to read a post from someone on Linkedin that he was sleeping in his car after he lost his job and his house. Dude had worked in Google and other places. This shouldn't happen in America, we are fast becoming a 3rd world country.

---

I trust corporations to do what's best for the corporation and the share holders. I trust governments to take as much as possible while producing nothing and screwing everyone. The difference between us is that you have this naive viewpoint that people are owed something from companies/government and I expect nothing more than a days pay for a days work and to be left the hell alone.

You're going to continue being bitter and resentful until you come to terms with the fact that no one owes you anything.

---

Thanks for the advice but I already know that no one owes me anything. Learned that lesson a long time ago (read above). That is why I managed to single-handedly accumulate a good net worth legally. I am good. But I cannot say the same for my fellow citizens.

I am bitter not for myself but for my fellow citizens.

I definitely do think the government owes people something. A government is for the people. Corporations, well, it is not as simple. Corporations cannot just take from society and not give back. If they cannot give back, then can very well move to Sudan and exploit the Africans there.

Octo Pie said:

---

infinity ag said:

---

Anyone here on Texags who works for Meta?

Let us know the mood inside the company.

---

I work in data center engineering for Meta, I was not laid off today though many on my team were. Mood is abysmal, I came from O&G so routine layoffs are nothing new to me but they are to many of the long-timers here, and leadership doesn't have the experience to do these layoffs thoughtfully or smartly.

---

Good to hear that.

I hear from various sites that the work culture inside is pretty bad and everyone is stressed out. How can a company be innovative in this situation? Everyone will be in CYA mode and not share information.

Kenneth_2003 said:

---

infinity ag said:

---

YouBet said:

---

Still think it's funny he renamed the company to match his vision and that vision has failed and he moved on from it.

---

Maybe Zuck isn't as bright as we assume. He may have been in the right place at the right time which is HUGE for success. He may be bookish smart to get into Harvard.

As CEO I am not impressed. One can give him credit for buying Instagram. Everything else has been a failure including him going ape-sheet about AI and buying "top people" for millions/billions.

The $1.5 billion engineer: Meta's latest hire shows how costly the AI talent race has become
https://www.calcalistech.com/ctechnews/article/skr56vtpgl

Quote:

---

Tulloch, a key figure in Murati's fast-rising startup, reportedly received a compensation package that could be worth as much as $1.5 billion over six years, including top-tier bonuses and stock incentives, according to the Journal.

---

Zuck pays his engineers very well, which is why people (mainly H1Bs) go and stay there as they are okay with abuse. Americans will not.

I predict this company will go out of business in a few years. His last chance is to strike gold in AI (whatever that means).

---

Lol at the number of advertisements they're squeezing everywhere on the platforms. Ever few posts is sponsored content. If you're scrolling the shorts, there's an ad interested into each one or at the end of each one. If you want to watch it again it's go back to share it with a friend, you must wait for the ad to end.

I figure customers will tolerate a certain amount of ads, but at a point customers will become tired of them at every turn. I'm certainly getting to that point that I'm sick of it

Meanwhile their algorithm is really lacking. There's less and less of what I want to see and more and more of what I do not.

---

They are killing the golden goose that laid them golden eggs. No way out as Wall Street demands "growth". Everyone thinks "AI" will save them and no one knows how. I work in AI myself and I'm struggling to think of use cases beyond the usual ones.

For what it's worth, I think the only group completely untouchable during a downsizing are those on military leave.

I worked for Circle M during 9/11, and a major layoff was announced right before it happened. When the axe fell, it wound up being much deeper than expected. A couple of people in the reserves had already been called up, and supposedly some spots had been retained specifically for them when they returned.

BigRobSA said:

---

I've been homeless recently, sleeping in my car. Several times. Broke. Etc.

It sucks.

Oh well, such is life.

---

Pretty much.

For some reason, people in the private sector always think, "I'm going to make big bucks and nothing bad will ever happen to me."

Times like these my buddies in BP, teaching, nursing, and other govt. (fed, state, and local) agencies feel luckier and luckier. Even if AI hits our sectors, we'll, thankfully, be long into retirement.

As for the youngins', well, Vaya con Dios.

As a manager who is pushing individual contributors to accelerate their workflows via AI, I am generally seeing results that, in the near term, neither encourage me to hope for increased profitability nor cause me to fear for the future.

No Spin Ag said:

---

BigRobSA said:

---

I've been homeless recently, sleeping in my car. Several times. Broke. Etc.

It sucks.

Oh well, such is life.

---

Pretty much.

For some reason, people in the private sector always think, "I'm going to make big bucks and nothing bad will ever happen to me."

Times like these my buddies in BP, teaching, nursing, and other govt. (fed, state, and local) agencies feel luckier and luckier. Even if AI hits our sectors, we'll, thankfully, be long into retirement.

As for the youngins', well, Vaya con Dios.

---

Weren't you one of those who wanted DOGE to fire Govt employees? Where would they go then? Straight to the private sector. Now you are taunting them for not working for the government.

Who really makes "big bucks" anymore?
Answer: Only investors do

Quote:

---

As for the youngins', well, Vaya con Dios.

---

Only Boomers who kids hate them, and folks with no kids would say something like this.

Vestal_Flame said:

---

As a manager who is pushing individual contributors to accelerate their workflows via AI, I am generally seeing results that, in the near term, neither encourage me to hope for increased profitability nor cause me to fear for the future.

---

AI is just pushed by CEOs because there is nothing in tech to excite the masses. Like we had websites, then ecommerce, then mobile, this or that. No one knows what AI will do. I am sure even Starbucks and Sherwin Williams Paints will soon announce their own LLMs to juice up their stock. Such is the illiteracy.

People are fearful because they think they will lose their jobs.

After 5 years,we will see not much different but CEOs would have done the damage to their companies in the name of AI and would have made off with the loot from getting fired and their parachutes.

infinity ag said:

---

Vestal_Flame said:

---

As a manager who is pushing individual contributors to accelerate their workflows via AI, I am generally seeing results that, in the near term, neither encourage me to hope for increased profitability nor cause me to fear for the future.

---

AI is just pushed by CEOs because there is nothing in tech to excite the masses. Like we had websites, then ecommerce, then mobile, this or that. No one knows what AI will do. I am sure even Starbucks and Sherwin Williams Paints will soon announce their own LLMs to juice up their stock. Such is the illiteracy.

People are fearful because they think they will lose their jobs.

After 5 years,we will see not much different but CEOs would have done the damage to their companies in the name of AI and would have made off with the loot from getting fired and their parachutes.

---

It's hitting Google and search ad optimization right now (hence my earlier post). Kinda game changing there…

infinity ag said:

---

aggiehawg said:

---

And younger generations wonder why Boomers may be suspicious of AI? We were raised on 2001, A Space Odyssey. Computers were not to be trusted. Then The Terminator with Sky Net.

---

It's the other way actually.

Boomers want AI. Boomers are also clueless about AI. Contradictory? No, because Boomers are retired/retiring and just want a cash cow for their investments. AI is the new shiny toy that boosts 401ks and IRAs. Boomers don't care about the job market. The would be okay if AI got everyone fired. To justify it, Boomers gaslight young kids that they are lazy and stupid and so it was well deserved that AI took their jobs.

Younger gens care about their job prospects. They feel AI is taking it away. So many of them hate AI and I don't blame them.

Summary

• Boomers - Love AI as it makes them money.
• Young 'uns - Hate AI as it keeps them unemployed or gets them fired.

---

Wow as an evil boomer I have to say this is some jacked up posting. Yep, them boomers they are all the SAME.
Lol.


People that partake in the generation blame game are losers in life. And that goes for Boomers that blame the young-uns.

Blamers are pathetic losers looking to scapegoat for their failures.

Logos Stick said:

---

In addition to firing 8000 (includes both U.S. citizens/residents and H-1B holders), bringing headcount back down to their 2021 level, they are moving 7000 employees to new positions to staff AI initiatives become H1B recruiters and outsourcers ;-). This RIF means ZERO additional headcount since 2021 for the company, after increasing headcount at around 35% per year the five years prior to 2021. They also are nuking 6000 open positions.

Quote:

---

May 18, 20262:16 PM CDT

Meta to transfer 7,000 staff to AI initiatives and eliminate managers.

---

https://www.reuters.com/world/meta-lays-out-plans-may-20-layoffs-restructuring-internal-document-says-2026-05-18/

---

What is their product? Facebook sells advertising, but the platform has been stagnant for years, well before wuflu. As is Instagram, younger crowd, but little if any innovation in the product.

The weird Meta thing flopped, although the head sets are still a niche product.

They have AI and data centers, but do they have any significant customers other than themselves?

Who knows maybe Elon or someone like him with vision will purchase them and turn them around…

Vestal_Flame said:

---

As a manager who is pushing individual contributors to accelerate their workflows via AI, I am generally seeing results that, in the near term, neither encourage me to hope for increased profitability nor cause me to fear for the future.

---

I have a coworker that frequently uses AI to generate certain things. He gets off to a quick start with a preliminary deliverable, but then he spends a lot of time either verifying things or tailoring it to a specific project. His efficiency gain seem marginal.

BigRobSA said:

---

I've been homeless recently, sleeping in my car. Several times. Broke. Etc.

It sucks.

Oh well, such is life.

---

Do you have a way i can PM you?
Any way to help?

LMCane said:

---

do people not realize that in a country of 330 million Americans-

literally MILLIONS of people change jobs every year.

---

Do you not realize there's a different between a voluntary job change and a sudden RIF?

Come work in a RIF prone industry and enjoy the feeling of never knowing when you're going to get the Sunday afternoon "Business Update" email.

I lost 2 on my team last week due to RIFs. The helpless feeling being RIF'd and sticks with you for the rest of your career even if you come out better on the other side. The job market in the industries that are having massive RIFs is not great.

flakrat said:

---

Logos Stick said:

---

In addition to firing 8000 (includes both U.S. citizens/residents and H-1B holders), bringing headcount back down to their 2021 level, they are moving 7000 employees to new positions to staff AI initiatives become H1B recruiters and outsourcers ;-). This RIF means ZERO additional headcount since 2021 for the company, after increasing headcount at around 35% per year the five years prior to 2021. They also are nuking 6000 open positions.

Quote:

---

May 18, 20262:16 PM CDT

Meta to transfer 7,000 staff to AI initiatives and eliminate managers.

---

https://www.reuters.com/world/meta-lays-out-plans-may-20-layoffs-restructuring-internal-document-says-2026-05-18/

---

What is their product? Facebook sells advertising, but the platform has been stagnant for years, well before wuflu. As is Instagram, younger crowd, but little if any innovation in the product.

The weird Meta thing flopped, although the head sets are still a niche product.

They have AI and data centers, but do they have any significant customers other than themselves?

Who knows maybe Elon or someone like him with vision will purchase them and turn them around…

---

Meta generated $201 billion in revenue last year. A 22% increase from 2024. Q1 of this year was about $57 billion. Up 33% YOY. Their trailing 12 months is $215 billion.

Turn them around? Good lord. Texags never fails to entertain.