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Credit Karma pauses “almost all new hiring” citing revenue challenges

November 2, 2022


In the email sent to all employees, Colleen McCreary, Credit Karma’s chief people officer, says the company continues to face “revenue challenges due to the uncertainty of the macroeconomic environment”.

The email says the company has increased its headcount by approximately 30% since the beginning of FY22, with an additional 100 people who have either been extended a job offer or accepted one.

“Given the uncertainty of the economy and the addition of 500 new Karmanauts in the past five quarters, we’ve decided to pause almost all new hiring,” McCreary writes.

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