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Robinhood's note on 10% layoffs shows blaming AI isn't cutting it | TechCrunch
Unlike many of his tech industry peers who have cut thousands of jobs citing the need to restructure to make the most of AI, Robinhood's CEO Vlad Tenev conspicuously made no mention of AI in his note about layoffs.
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forbes.com
Robinhood Fires 10% Of Workforce—Nearly 300 Staffers
The company said it expects restructuring charges of about $20 million.
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cryptobriefing.com
Robinhood cuts 10% of workforce and closes remaining open roles
Robinhood plans to cut 10% of its full-time workforce and close all remaining open roles, marking its fourth round of layoffs since early 2022.
