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Dubai News Club > Tech > Robinhood is firing nearly a quarter of its staff
Tech

Robinhood is firing nearly a quarter of its staff

Press Room
Last updated: 2022/08/02
Press Room
Published: August 2, 2022
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Robinhood is letting go of nearly a quarter of its staff, CEO Vlad Tenev said in a message posted to the company’s blog.

“As part of a broader company reorganization into a General Manager (GM) structure, I just announced that we are reducing our headcount by approximately 23%,” Tenev wrote. “While employees from all functions will be impacted, the changes are particularly concentrated in our operations, marketing, and program management functions.”

Robinhood’s chief product…

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