Business

Robinhood Workforce Cuts Amid Restructuring

Updated 2026-06-16 17:55 UTC 1 source Negative

Robinhood slashes its workforce by 10 percent as part of a restructuring. CEO Vlad Tenev cited the firm's layered organizational structure as a reason for the layoffs.

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Al Jazeera

Robinhood slashes workforce by 10 percent amid restructuring

CEO Vlad Tenev said while the firm is in a strong financial position, it has been a ‘heavily-layered organization'.

2026-06-16 17:39 UTC