Robinhood plans to cut its headcount by ~23% over "additional deterioration of the macro environment", after laying off ~9% of full-time employees in April 2022 (Caitlin McCabe/Wall Street Journal)

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Caitlin McCabe / Wall Street Journal:
Robinhood plans to cut its headcount by ~23% over “additional deterioration of the macro environment”, after laying off ~9% of full-time employees in April 2022  —  The job cuts mark the second round of layoffs for the online brokerage, which exploded in popularity during the Covid-19 pandemic

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