Robinhood has just announced 31% of employees will be laid off. Communications are going out as we speak. Video calling has been disabled. Appears to affect all orgs.
Don’t be shy Vlad. Make it 33%
It all started when I was a young boy in Bulgaria…
Fake news? Don’t see anything anywhere about this
This post has only been up for 5 minutes at this point. News has to be really recent
https://blog.robinhood.com/news/2022/8/2/a-message-from-our-ceo-and-co-founder-vlad-tenev
31%???????
Fuck.. 31%..? Is that possible to be a company after 31% layoffs?
We’re about to find out
I've seen worse. 2001 and 2009. And yes, some are still there. Some acquired.
Sus
Why would they disable video calling?
Disable slack???
Disable everything after layoffs, Slack, Gmail/email/shared drive access, etc.
They removed the video calling button?
Need another source to validate this news
https://www.wsj.com/articles/robinhood-lays-off-23-of-staff-11659471011
Omg
Looks like I am moving my money out tomorrow. E*trade here I come. I still want to work for Robinhood though.
Etade sucks. Have better taste my friend.
Robinhood HR: How should we lay them off? Vlad: 100-69 is 31. Layoff 31%
So survivors are the nicest then.