Thinknum Alternative Data
Request Demo
Thinknum Login
Questions answered using Thinknum

Fundamental Investors

How many cars has Carmax sold this week compared to the same week last year?

How is foot traffic at Chipotle changing YoY?

What are the industrial companies that are growing and hiring the most?

Quantitative Analysts

How are the number of Twitter followers a leading indicator for company performance?

How are the number of LinkedIn employees a leading indicator for company performance?

Business Inteligence

Which private companies are getting their products picked up by major retailers?

Which private healthcare companies are hiring the most?

Which tech startups are getting the largest increase in mobile app downloads?

Join the investment community and start your week with market insights seen through the lens of alternative web data.

FICO job openings drop by two-thirds ahead of earnings

4 months ago by James Mattone in Markets, People

Fair Issac Corporation ($NYSE:FICO) — or, as consumers know them, the company behind the FICO credit score — reduced job openings by more than two-thirds over the past two months, including an absolute freefall over the past week that saw over 100 listings removed since the Fourth of July.

The company's careers page is still the same as it was when we first started tracking this data on May 19, 2017, so it appears to not be a matter of the company shifting its job openings elsewhere. Rather, this is a company slowly and silently — until this past week, that is — cutting its job openings back down to levels last seen in the Spring of 2017.

There does not appear to be a pattern of shrinking job openings in one sector, nor a cessation of positions at its top offices around the world.

The majority of the hiring reduction appears to affect the company's offices in India, where it employs back-end engineers, analytical consultants, among others.

This is happening as other companies, such as Lendbuzz, are trying to re-define consumer credit scores. The startup recently raised a $150 million funding round — the majority of that was cash as debt financing — and offers those with no traditional credit history through a FICO score the opportunity to get auto loans.

When the company last released its earnings on April 30, it missed Earnings per Share estimates by $0.07. As the company prepares to announce its Q2 earnings on July 25, this dip in overall openings might be something to keep in mind.

About the Data: 

Thinknum tracks companies using information they post online - jobs, social and web traffic, product sales and app ratings - and creates data sets that measure factors like hiring, revenue and foot traffic. Data sets may not be fully comprehensive (they only account for what is available on the web), but they can be used to gauge performance factors like staffing and sales. 

Further Reading: 

Join the businesses who have begun to edge out competitors by scouring the web for alternative data.

Request demo
Ready for a personalized tour?

James Mattone

James is the Associate Editor at Thinknum Media, mainly covering video games, food, and tech news, but not afraid to head into Sephora or beauty brands if need be...

Request a demo

We would love to show you how Thinknum will benefit your investment process. To get started, fill out the form and we'll contact you shortly to schedule your demo.

Get Thinknum Media in your inbox

Start the day off with our Weekly Digest.