UPDATE: Intuit (INTU) Pauses Hiring in Credit Karma on 'Revenue Challenges' - Bloomberg
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(Updated - November 1, 2022 11:40 AM EDT)
Intuit (NASDAQ: INTU) is pausing hiring in its Credit Karma unit due to slowing in the pace of lending, according to Bloomberg, citing a letter to employees last Sunday.
Almost all new hiring in the division will be paused as the company sees " revenue challenges due to the uncertainty of the economic environment," the letter reportedly stated.
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