Robinhood cuts 23% of workforce, income drops 44%

The latest cuts, which will affect 780 employees, continue big free fall for online brokerage huge success. In a separate development on Tuesday, New York State hit Menlo Park, California, with a fine of $30 million. In one blog post On the company’s website, Robinhood CEO Vlad Tenev said the “worsening of the macro environment” … Read more

Robinhood cuts 23% of workforce, income drops 44%

The latest cuts, which will affect 780 employees, continue big free fall for online brokerage huge success. In a separate development on Tuesday, New York State hit Menlo Park, California, with a fine of $30 million. In one blog post On the company’s website, Robinhood CEO Vlad Tenev said the “worsening of the macro environment” … Read more