Intuit took a dive after what appears to be a good earnings call. What happened?

They had a good Q3 with 10% in revenue of $8.56B with FY26 revenue and non-GAAP guidance to $21.34B - 21.37B and $23.8-$23.85, respectively.

What do you think is the cause of the dive? Could 17% corporate layoffs be part of it??

*The company also announced it is reducing its full-time workforce by 17 percent to simplify its organizational structure and become a faster, leaner, more focused company. It estimates that it will incur approximately $300 million to $340 million in restructuring charges, largely recognized in its fourth fiscal quarter ending July 31, 2026.*

Does this make Intuit a dip buy?