business
Trading app Robinhood to shed 10% of staff
Key takeaways
- Trading app Robinhood to shed 10% of staff Robinhood logo on a phone.
- CEO Vlad Tenev shared the news on social media platform X, noting the decision was made “proactively”.
- The decision will impact around 290 workers.
Trading app Robinhood to shed 10% of staff Robinhood logo on a phone. · Private Banker International · Mamun_Sheikh / Shutterstock.com Satarupa Bhowmik Wed, June 17, 2026 at 6:59 PM GMT+7 2 min read HOOD Robinhood is laying off 10% of its workers, as part of the trading app’s plans to flatten organisational structure and boost efficiency.
CEO Vlad Tenev shared the news on social media platform X, noting the decision was made “proactively”.
The decision will impact around 290 workers.
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