Earnings Results: Robinhood to lay off 23% of its workforce, with CEO admitting ‘this is on me’

Read Time:6 Second

Robinhood Markets Inc. plans to cut its staff by 23%, citing the weakening economic environment and depressed trading activity.

About Post Author

Happy

0 %

Sad

0 %

Excited

0 %

Sleepy

0 %

Angry

0 %

Surprise

0 %

Yardeni: Odds of a 1990s-like market boom have increased after Fed rate-cut.

Small-cap stocks just saw their longest winning streak in three and a half years, after the Federal Reserve recalibrated its...

With Medicare prescription-drug benefits on the brink of a shake-up, enrollees who hope to minimize their costs at the pharmacy...

Trump Media & Technology Group Corp.’s stock dropped to its lowest level since it went public in March Friday, as...

New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim...

The average monthly payment on used electric vehicles, which are now cheaper than hybrids and gas-engine cars, are approaching affordable...