Robinhood to cut 23% of workforce, revenue plunges 44%
The latest cuts, which will affect 780 employees, continue a massive freefall for the once-booming online brokerage. In a separate development on Tuesday, New York state hit the Menlo Park, Calif., company with a $30 million fine. -high inflation coupled with a fall in cryptocurrency: has reduced the company’s client trading activity and assets under …
Robinhood to cut 23% of workforce, revenue plunges 44% Read More »