“As Sasan mentioned, we are investing in our 3 big bets, we are playing offense in our core where this is different than the actions we took in 2024, is that, as Sasan mentioned, the majority of cost reductions we do expect to flow to the bottom line.”

In context

“ow do we ensure that we can win with those customers? And then third, by being faster, flatter, and more focused, it allowed us to look at the workforce reduction. So a big chunk of this, you can count on it to go to margin expansion and EPS growth. And a smaller part of it is going to go to scaling the growth engines because we actually feel good that the growth engines are actually funded quite well just because of the productivity that we are seeing internally. So probably the longer answer that you were looking for, but I wanted to unpack it and just Sandeep. would you add anything? Sandeep Singh Aujla: Sasan, you covered it, Brad. You know, for, me, as a management team, our responsibility is to deliver for all of our stakeholders. Our customers and our shareholders included in that. As Sasan mentioned, we are investing in our 3 big bets, we are playing offense in our core where this is different than the actions we took in 2024, is that, as Sasan mentioned, the majority of cost reductions we do expect to flow to the bottom line. And at the core, this is all about the 3 Fs that Sasan called out: focused organization, flatter organization, faster organization. Let me also touch on Mailchimp because you asked about that specifically. With the actions we are taking there, we believe the Mailchimp provides cash flow profile will generate more value for Intuit than a third party is likely to pay for that asset in the current equity and debt environment for software. that is another consideration that you all should have in mind as you look at what we are doing with Mailchimp. Analyst (Brad Zelnick): Thank you, guys. Sasan K. Goodarzi: Yeah. Very welcome. Operator: We will move next to Alex Zukin with Wolfe. Your line is open. Analyst (Alex Zukin): Hey, guys. Thanks for taking the question. I guess maybe in spirit of Ke”