Robinhood lays off 10% of workforce to remain “lean and disciplined”
Robinhood is coming off a fairly weak quarter, as Revenues fell by 17% to $1.07 billion in Q1 2026.
Robinhood is coming off a fairly weak quarter, as Revenues fell by 17% to $1.07 billion in Q1 2026.
Coinbase, a Top-10 crypto exchange by volume traded), will lay off close to 700 of the company’s estimated 5,000 employee base.
Other Valutrades staff have been made redundant in roles such as customer support, operations and payments.
As part of the restructuring, Aparna Chennapragada, Robinhood’s Chief Product Officer, will be leaving the company.