TechCrunch
2022.08.03 04:54

Robinhood cuts 23% of staff; CEO Vlad Tenev says, ‘This is on me’

It’s been a volatile year for retail investment behemoth Robinhood. The fintech company is laying off 23% of its workforce, as first reported by the Wall Street Journal and confirmed by TechCrunch. The layoff that comes just three months after Robinhood cut 9% of full time staff.

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