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Robinhood Layoff 290 Employees in Push for Greater Efficiency

2 hours ago 859
Robinhood Launches $1B Fund to Let Retail Investors Buy Pre-IPO Shares

The post Robinhood Layoff 290 Employees in Push for Greater Efficiency appeared first on Coinpedia Fintech News

Robinhood Markets is laying off approximately 290 employees, representing about 10% of its full-time workforce, as the company seeks to streamline operations and flatten its organizational structure. The firm is also closing open job positions as part of the restructuring effort. CEO Vlad Tenev said trading activity surged in June across equities, options, and prediction …

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