WATCH TV LIVE

NEWSMAX TV HEALTH MONEY WORLD
Tags: robinhood layoffs

Robinhood Cutting Workforce by 23%

Robinhood Cutting Workforce by 23%
Robinhood CEO Vlad Tenev, at an AP interview in 2021, speaks about introducing a new generation of investors to the stock market, in the financial district of New York. (AP)

Tuesday, 02 August 2022 04:23 PM EDT

Retail trading platform Robinhood Markets Inc said on Tuesday it is laying off about 23% of its employees.

The layoffs will be concentrated in the company's operations, marketing and program management functions, Robinhood Chief Executive Officer Vlad Tenev said in a blog post.

© 2026 Thomson/Reuters. All rights reserved.


Click Here to comment on this article
Share
StreetTalk
Retail trading platform Robinhood Markets Inc said on Tuesday it is laying off about 23% of its employees. The layoffs will be concentrated in the company's operations, marketing and program management functions.
robinhood layoffs
43
2022-23-02
Tuesday, 02 August 2022 04:23 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved