Intuit (INTU) to Halt Hiring in Credit Karma - Bloomberg

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Intuit (INTU) Credit Karma News Could Have Investors Worried About Other Areas - BMO Capital

November 1, 2022 1:21 PM EDT

BMO Capital analyst Daniel Jester weighed in on reports from Bloomberg that Intuit's (NASDAQ: INTU) Credit Karma (CK) is significantly moderating the pace of hiring to reflect a lower revenue growth environment. The analyst drop in the stock suggests investors are worried... More

UPDATE: Intuit (INTU) Pauses Hiring in Credit Karma on 'Revenue Challenges' - Bloomberg

November 1, 2022 11:34 AM EDT

(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... More