NerdWallet lays off 11 percent of staff due to missing profitability goals

techcrunch.com

Personal finance startup NerdWallet seems to be on the struggle bus, having just laid off 53 people today (about 11 percent of its workforce) due to the fact that the company is not hitting its profitability goals, TechCrunch has learned. As part of the restructuring, NerdWallet’s sales and partnerships teams will be folded into various product teams, a NerdWallet spokesperson told TC.

More of a comment on media than financial technology in my opinion...

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