Robinhood to Cut 10% of Workforce as Crypto Revenue Slumps
Bearish••Crypto Economy
Robinhood announced the layoff of 10% of its workforce, a measure that CEO and co-founder Vlad Tenev communicated internally before the company shared it ahead of market open. The decision seeks to flatten the organizational structure and sustain what Tenev described as an “agile and extremely focused” team.
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The original article is written in English.