Robinhood Trims Headcount by 10% Amid Crypto Revenue Crunch – Decrypt
In brief Robinhood is letting go of 10% of its employees, CEO and co-founder Vlad Tenev told the company Tuesday. In April, the company indicated revenue from crypto transactions had fallen 34% sequentially to $134 million from $221 million. At the end of last year, the retail brokerage had around 2,900 full-time employees. Robinhood disclosed...
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