Robinhood cuts 10% of staff, 290 roles, as Vlad Tenev demands a leaner org
A CEO memo frames headcount cuts as the fix for a “heavily-layered organization,” with $28m restructuring costs in Q2.
By Mohammed Al-Shehri·· 3 min
2 briefings · “robinhood”
A CEO memo frames headcount cuts as the fix for a “heavily-layered organization,” with $28m restructuring costs in Q2.
The CEO memo says Robinhood is reducing headcount to stay lean as it scales, while continuing strategic hiring.