Sucks for all the super smart people they hired. https://www.marketwatch.com/amp/story/robinhood-lays-off-workers-as-stock-hits-new-low-11651005595
I’m just mad they leaked my personal data AFTER I requested account deletion.
How do you know that?
It made the news… and they emailed me about it to apologize
Robinhood deserved this after all the fuckery they have made like removing buying buttons and data security incidents. They lost most of the credibility.
Yup Robinhood fucked their customers and it's their employees' turn now
I am sad for the people who work there. Their comps are devastated this year. but also it’s literally a worse trading app than Fidelity or Schwab which RH is prolly mocking.
I sort of liked them. But my recent experience with their customer service was abysmal. I guess I will be moving to IBKR with lower margin rates
By smart people you mean LC talent right
Sorry Robinhood people. DM for Coinbase referal.
Dunno how @robinhood has so many upvotes. If they're let go in the future they'll probably cry about how the whole world is unfair and how they were the best employee ever, but because it's their colleagues so it's ok to shit on them? Even if they were poor performers in a company known for extremely high work pressure, they may be a pretty good fit somewhere else
more423 show how toxic robinhood really is avoid at all cost, let them suck their own lose
The interview was definitely not harder than faang lol
You know what A's in Fang stands for right ?
it depends, rh is about same difficulty as fb on average but not as difficult as google but more difficult than amzn, so very similar to faang in difficulty
Almost joined HOOD back in Oct for a $600k offer when stock was at $45. Now it’s $9.
Damn, not sure if my math is correct but that’s essentially a $400k RSU grant turning into just a $80k RSU grant? 😰
Yea
Is Eng affected?
Not much mostly middle management. Mostly it seems like CX and HR
How does the severance package look like?
Stock went from $85 to $10. Nuts.
that $85 is rather misleading, it was at that price for like a minute, sustained high was more like $50, so 80% drop which while bad is pretty common among pandemic stocks (ie, zm, docu)
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The end of Backdoor Roth?!
Did you get rejected by them or something?
I didn’t, I actually love their app. Why did it seem that way?
Oh I dunno maybe the tone of your comment about interviews being harder than FAANG. Ignore what I said