• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

2

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

3

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

1

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

2

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

3

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
LeadershipFortune @ Work

How Intuit is reskilling talent to win big on its $20 billion A.I. bet

By
Amber Burton
Amber Burton
Down Arrow Button Icon
By
Amber Burton
Amber Burton
Down Arrow Button Icon
March 20, 2023, 6:00 AM ET
Workplace Illustration
Intuit is retraining employees for its A.I. future. Illustration by Studio Muti
Add Fortune on Google for similar content.

Many companies have only just begun to think about talent redistribution—call it doing more with less. But for Intuit, moving talent around is part of its DNA. The financial software company known for products like QuickBooks and TurboTax has long retrained white-collar workers to fill talent gaps and remain competitive as a result, moving employees into new roles that suit its shifting goals as an innovator in financial technology.

“At every major inflection point, there has to be an evolution,” says Humera Shahid, chief diversity, equity, and inclusion officer and head of talent development at Intuit. Its current inflection point: transforming into a fully A.I.-driven software company. 

“That means the way that we’re organized is different, [and] the skill sets that we need are rapidly changing, especially in technology,” Shahid says. 

Intuit has undergone many iterations since its inception in 1983 as a digital checkbook to help people pay bills, later known as Quicken. Over the past four decades, the $13 billion software firm has repeatedly reinvented itself, notably selling Quicken in 2016, then pivoting from operating solely as a tax and accounting platform to a more holistic financial platform for individuals and small businesses. It recently made two big acquisitions in Credit Karma ($8.1 billion) and MailChimp ($12 billion) as part of its data play. Each of these versions has required new skills and training for employees in functions that are in decline or no longer a priority.

Now, Intuit’s CEO, Sasan Goodarzi, who became CEO in January 2019, is running the ball squarely into its A.I. future and doubling down on reskilling workers as the company navigates a tight labor market, a shortage of talent with the necessary skills, and financial constraints brought on by the broader economic climate.

In June 2020, Intuit laid off over 715 employees, simultaneously announcing it would add over 700 roles to align with its goal to become an A.I.-driven company. 

Companies that want to become technologically innovative, says Shahid, must invest in training their employees: “You can’t buy your way there.” Intuit declined to share how much it invested in employee training over the past three years, but Shahid says her team has committed resources to build a learning culture where employees can seamlessly transition to new roles and assignments. “I have someone on my team who came in as an executive assistant and is now interested in going down a more technical path,” she shares.

Exposure comes in the form of introductory programming open to any employee interested in learning about A.I. The company led a three-part series of lunch-and-learn sessions with its SVP and chief data officer, Ashok Srivastava, in August 2020. About 120 employees attended the introductory courses, which Intuit eventually transitioned to a five-part online course. 

And when online courses aren’t enough, the company employs partners to lead in-person boot camps. While pricey, Shahid says creating and scaling a similar learning infrastructure in-house is far more difficult. 

“What we’re pushing right now is to expose [employees] to all these skills. You might be a data analyst and know what’s needed of you. But we also want you to know what it takes to be a program manager,” Shahid says. She wants as well for employees to get a sense of which skills are transferable.

Across the tech space, A.I. has emerged as a top priority for growth. It’s no different at Intuit, which has developed intensive programs to upskill employees for technical roles like its signature six-month A.I. course. 

The company began offering a seven-month apprenticeship program for nontechnical employees last year, which has proved especially popular among data analysts and project managers who want to transition into engineering roles and obtain hands-on experience, says Shahid. Employees graduate as level one software engineers. Eleven employees participated in the pilot apprenticeship program; nine have converted to full-time technical roles at the firm. 

It’s a sign of mobility that company leaders are eager to promote. The second iteration of the apprenticeship program will accept 43 participants—30 of whom will be based at Intuit’s Mountain View, Calif., campus and 13 in San Diego. 

Intuit’s chief data officer says that while employees must have the right credentials to move into more tech-heavy roles, he firmly believes in people’s ability to reinvent themselves and reskill. “Given the opportunity, I think that people have remarkable abilities to grow and to change,” Srivastava notes. “Having said that, not everyone wants to go into the deep mathematics of machine learning, and I appreciate that.” 

The transition from nontechnical to technical roles in particular ostensibly comes with challenges. Driving awareness of the courses and getting staff to sign on has proved much harder among employees without some technical background who might be slightly intimidated or unsure about future use cases for these new skills. And even after employees gain the necessary learning and credentials, additional tensions can naturally arise when team members have varying experience levels.  

“You’ve got apprentices who are software engineers, ones with no technical background, and others who literally did four-year degrees in computer science. And they’re side by side,” Shahid says. “You have to keep thinking about that equity equation. What are you doing to support folks you brought in, [and] how do you continue that support system?”

That support system is essential for marginalized employees moving into new technical roles, who often don’t have large networks within the industry. Because of this, Srivastava says creating a sense of belonging on technical teams is key. 

“Regardless of where the person’s background is, and what we view as a traditional or nontraditional background, what’s important is that in the context of that background, we create a sense of belonging and participation,” he says.

Meeting Intuit’s goal to reskill workers for an A.I. future hinges on its ability to create a culture of learning and mobility. “Our big focus is, How do you combine those two things?” Shahid muses.

Check out this global study on cultural fitness by HR research firm i4cp, in partnership with Fortune.

About the Author
By Amber Burton
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Leadership

Three women chop their way into the record books at Lumberjack World Championships
North AmericaWisconsin
Three women chop their way into the record books at Lumberjack World Championships
By The Associated Press and Ellen SchmidtJuly 20, 2026
9 hours ago
LaLiga president says tech is already making the fan experience better, and it could solve football’s money problem too
AISports
LaLiga president says tech is already making the fan experience better, and it could solve football’s money problem too
By Catherina GioinoJuly 20, 2026
10 hours ago
FIFA President Gianni Infantino puts up a hand to show a thumbs up gesture at a World Cup game.
EnvironmentWorld Cup
FIFA President Infantino spent over 100 hours in the air during the 2026 World Cup amid pledge to reduce carbon emissions
By The Associated Press and Rio YamatJuly 20, 2026
10 hours ago
Mark Cuban, in front of a purple background, has his mouth open and is looking to his left.
Successcompensation
Mark Cuban says he has the solution to growing income inequality, and it’s to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
13 hours ago
Ferran Torres
SuccessWorld Cup
Spain’s Ferran Torres scored the winning goal in the World Cup—but just four years ago, he was in therapy and stuck in a ‘bottomless pit’
By Emma BurleighJuly 20, 2026
15 hours ago
Christopher Nolan wearing a black suit
SuccessCareers
Christopher Nolan was rejected from film school as a teen. Today, the Oscar-winning director behind  ‘The Odyssey’ is worth $250 million
By Preston ForeJuly 20, 2026
15 hours ago

Most Popular

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Success
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
13 hours ago
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
Success
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
By Sydney LakeJuly 20, 2026
17 hours ago
'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
AI
'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
By Jason MaJuly 18, 2026
2 days ago
Warren Buffett says his $147 billion investing career was an accident: ‘I may be one of the 10 luckiest in the world’
Future of Work
Warren Buffett says his $147 billion investing career was an accident: ‘I may be one of the 10 luckiest in the world’
By Sarah GlodekJuly 20, 2026
23 hours ago
Current price of silver as of Monday, July 20, 2026
Personal Finance
Current price of silver as of Monday, July 20, 2026
By Joseph HostetlerJuly 20, 2026
21 hours ago
It’s not just Taco Bell lettuce and possible glass in Pillsbury rolls: Food and drink recall events reached a 6-year year-over-year high
Retail
It’s not just Taco Bell lettuce and possible glass in Pillsbury rolls: Food and drink recall events reached a 6-year year-over-year high
By Sasha RogelbergJuly 20, 2026
21 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.