Robinhood cutting 9% of full-time staff as ‘hyper growth’ ebbs
The online brokerage, which has racked up more than $2 billion of losses since its IPO, had about 3,800 employees at the end of last year.
Robinhood Markets Inc. was supposed to upend the way people trade. Instead, the way people trade is starting to upend Robinhood.
Less than a year into its run as a public company, Robinhood is dismissing 9% of its 3,800-person workforce. The Silicon Valley startup that once threatened to challeng
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