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At Close: Jun 04, 2026
Trading slump hits Robinhood's revenues as retail investors tap out
06:36am, Wednesday, 03'rd Aug 2022
In what came as little surprise to industry onlookers in Wednesday, NASDAQ-listed trading platform Robinhood posted underwhelming second-quarter results underscored by a sharp decline in retail inves
Robinhood cuts 23% of its workforce as fewer users trade
03:43am, Wednesday, 03'rd Aug 2022
Robinhood Markets said Tuesday it's cutting nearly a quarter of its workforce, as crashing cryptocurrency prices and a turbulent stock market keep more customers off its trading app.
Robinhood to cut 23% of its workforce, revenue sinks 44%
10:09pm, Tuesday, 02'nd Aug 2022
Just months after cutting 9% of its workforce, Robinhood on Tuesday announced plans to lay off another 23%.
Robinhood to Cut 23% of Staff as Trading Falls
07:11pm, Tuesday, 02'nd Aug 2022
The company said it was cutting more jobs amid a weak trading environment and a falloff in crypto trading.
Robinhood posts 44% slump in revenue, slashes headcount by 23%
07:10pm, Tuesday, 02'nd Aug 2022
After reporting slumping revenues, Robinhood announced they are cutting nearly a quarter of their its' full-time staff and doing internal restructuring.
Robinhood Cuts 23% of Staff as Brokerage Sees 34% Drop in Monthly Active Users
06:27pm, Tuesday, 02'nd Aug 2022
Robinhood, the popular brokerage app, will lay off about 23% of its staff as customers slow down trading, The Wall Street Journal (WSJ) wrote Tuesday (Aug. 2). This is the second time the company has
Robinhood cutting about 23% of jobs after second quarter earnings loss
05:31pm, Tuesday, 02'nd Aug 2022
CNBC's Kate Rooney joins 'Closing Bell: Overtime' to report on Robinhood's earnings report and job cuts.
Robinhood posts 6% sequential increase in 2nd qtr revenue
05:24pm, Tuesday, 02'nd Aug 2022
Robinhood Markets Inc posted a 6% sequential increase in second quarter revenue despite a market sell-off in equities and cryptocurrencies.
Robinhood stock falls amid Q3 revenue miss and workforce reduction plans
05:02pm, Tuesday, 02'nd Aug 2022
Robinhood shares are edging lower after a third-quarter revenue miss and plans to reduce 2% of its workforce.
Robinhood Lays Off 23% Of Its Staff: Here Are The Major U.S. Job Cuts As Recession Fears Grow
05:00pm, Tuesday, 02'nd Aug 2022
Forbes is tracking the biggest layoffs as companies react to fears of a looming recession.
Robinhood Slashes Workforce in Broad Reorganization
04:59pm, Tuesday, 02'nd Aug 2022
Robinhood Markets slashed almost a quarter of its workforce in a broad reorganization after a punishing first year as a public company. Sonali Basak has more on "Bloomberg Markets: The Close.
Robinhood cuts 23% of staff; CEO Vlad Tenev says, ‘This is on me'
04:54pm, Tuesday, 02'nd Aug 2022
It's been a volatile year for retail investment behemoth Robinhood. The fintech company is laying off 23% of its workforce, as first reported by the Wall Street Journal and confirmed by TechCrunch.
Robinhood cutting workforce by 23%
04:43pm, Tuesday, 02'nd Aug 2022
Retail trading platform Robinhood Markets Inc said on Tuesday it is laying off about 23% of its employees.
Robinhood to lay off 23% of its workforce, with CEO admitting ‘this is on me'
04:40pm, Tuesday, 02'nd Aug 2022
Robinhood Markets Inc. plans to cut its staff by 23%, citing the weakening economic environment and depressed trading activity.
Robinhood cuts 23% of its workforce in a second round layoffs affecting more than 800 jobs
04:34pm, Tuesday, 02'nd Aug 2022
The stock trading app previously said it would lay off 9% of its workforce in April, after growing too rapidly during the pandemic.
