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The Economic Times
The Economic Times
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Robinhood Layoffs 2026: US fintech company lays off 10% of its workforce, CEO says "business has never been stronger"

Robinhood Vlad Tenev United States

Robinhood Layoffs: Popular US financial services company Robinhood has announced a fresh round of job cuts, laying off around 290 employees, or roughly 10% of its full-time workforce, reported news agency Reuters. The company says the movie is a part of a restructuring effort aimed at making the company leaner and more efficient.

The layoffs at Robinhood come despite the company reporting strong business performance. In a memo to employees, Robinhood CEO Vlad Tenev stressed that the layoffs were not driven by financial troubles.

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