Stock and Cryptocurrency Investing App Robinhood Moving Forward again for layoffs, justifying the decision as part of the “reorganization of the structure” of the company. This is the second time the US company has gone ahead with layoffs, having cut the number of full-time workers by 9% in April.
In a post shared on the company blog, signed by Vlad Tenev, CEO of the company, a “reduction of the total number of workers by approximately 23%”. The layoffs will affect “employees across all functions,” but the changes will be “particularly focused on operations, marketing, and program management functions.”
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Source: Observadora
