Trading platform Robinhood reduces 10% of workforce to flatten management layers

Corroborated by 2 sources from 2 publishers

globalgeneral4h ago

TL;DR

Reports differ across sources; according to cnbc.com, robinhood said on Tuesday it would cut 10% of its full-time workforce, or about 290 roles, as the trading platform seeks to operate more efficiently by flattening management layers.

Sources