Credit Karma Layoffs

Industry Finance · Location SF Bay Area · United States · Subscribe (RSS)

2
Layoff rounds
234
Employees laid off
Acquired
Funding stage
$868M
Total raised

Credit Karma has 2 publicly reported layoff rounds on record between May 20, 2026 and May 30, 2026. A total of about 234 employees were affected across these rounds.

Layoff history

May 30, 2026
Credit Karma cut 117 employees
117 laid off Location SF Bay Area

Credit Karma cut 117 jobs in late May 2026, a move disclosed through a California WARN filing tied to the personal-finance company's Oakland office at 1100 Broadway and affecting remote workers who report there. The reductions span product, engineering, legal, finance, marketing, security and other functions, with departures set to begin July 31, 2026 after the required 60-day notice. The cuts are part of a wider restructuring at parent company Intuit, which announced reductions of about 17% of its global workforce, roughly 3,000 jobs, as it pushes deeper into artificial intelligence and simplifies its business. They came despite strong results at Credit Karma, where revenue rose 15% to $631 million on growth in personal loans, auto insurance and home loans.

Reason: Part of parent Intuit's restructuring and AI push

Source: thestreet.com

May 20, 2026WARN notice
Credit Karma cut 117 employees
117 laid off Location Oakland, CA Effective July 31, 2026 Facility 1100 Broadway Oakland CA 94607

Credit Karma disclosed a workforce reduction affecting its Oakland, CA operations in May 20, 2026. Approximately 117 roles were eliminated.

Reason: Layoff Permanent

Data for Credit Karma is compiled from public WARN Act filings and reporting linked above. See our methodology.