Robinhood is laying off !!!

Keybank
Lost4ever

Go to company page Keybank

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Not an Investment advice.
Lost4ever
2d 5 Comments

Robinhood is laying off it's 9% of total workforce

https://www.cnbc.com/2022/04/26/robinhood-cutting-about-9percent-of-full-time-employees.html

#RH #Robinhood #wallstreet # stocks # stonks #tech #trading

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TOP 5 Comments
  • Don’t they have like 9 billion in cash reserves? Either way seems about right for a lot of recent tech IPOs, market is beating them raw; gotta do something to pump up those EPS numbers.

    Employee moral has to be brutal right now.
    2d 0
  • Lol waiting to see if my interview is cancelled.
    2d 3
    • Hate it but no layoffs yet.
      2d
    • Square
      iNBQ65

      Go to company page Square

      iNBQ65
      Had a really positive final round, was informed today that they wouldn’t move forward. Found out from team members that their budget was revoked & they couldn’t make an offer to any candidates, even though they wanted to hire me.

      So best of luck, but it doesn’t look good. Likely dependent on org though, to some extent
      2d