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NerdWallet cuts staff amid ‘record-breaking quarter’

San Francisco-based NerdWallet shed more than 40 employees, or 8 percent of its workforce, with a couple of senior executives heading for the exit, the company told the San Francisco Business Times Thursday. “We had to make tough choices to enable faster execution,” said NerdWallet CEO Tim Chen. “Despite a record-breaking quarter, NerdWallet has decided to shift resources to align by consumer pain points, rather than by financial product.” As part of the cutbacks, some of the company’s…

Article by Mark Calvey (c) San Francisco Business News - Local San Francisco News | The San Francisco Business Times - Read full story here.