16.8.2022 | Robinhood is firing nearly a quarter of its staff
Robinhood is letting go of nearly a quarter of its staff, CEO Vlad Tenev said in a message posted to the company’s blog.
“As part of a broader company reorganization into a General Manager (GM) structure, I just announced that we are reducing our headcount by approximately 23%,” Tenev wrote.
“While employees from all functions will be impacted, the changes are particularly concentrated in our operations, marketing, and program management functions.”
