Hi @qbteachmt 

The May Reddit post aligns with the stock guidance issued in May:

May 30, 2024:  Last week, Intuit warned that it expected to lose 1 million customers who use its free TurboTax program this fiscal year, as many shift instead to the IRS Direct File option. Intuit projected total TurboTax filing units will drop 1% because of “share loss with pay-nothing and lower average revenue per return customer.”  

So, they are reducing employees due to the expected future reduction in revenue from TurboTax?