Robinhood cutting workforce by 23%

The layoffs will be concentrated in the company's operations, marketing and program management functions, Robinhood Chief Executive Officer Vlad Tenev said in a blog post.

Reuters

August 03, 2022 / 06:48 IST

Robinhood

Retail trading platform Robinhood Markets Inc said it is laying off about 23% of its employees.

The layoffs will be concentrated in the company's operations, marketing and program management functions, Robinhood Chief Executive Officer Vlad Tenev said in a blog post.

Reuters

first published: Aug 3, 2022 06:48 am

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