Robinhood Announces 10% Job Cuts

Robinhood https://investors.robinhood.com/static-files/d332c84e-ec9d-44ef-ba43-ecdd6bb0e66a">said on Tuesday it’s cutting 10% of its workforce, or about 290 roles, and closing a small number of open roles, in an effort to stay lean.

“Because our financial position is strong, we are making this change proactively,” CEO Vlad Tenev said in a https://x.com/RobinhoodComms/status/2066828553199464933">note to employees. “We must be a lean, ...