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Robinhood cuts number of full-time employees by 9% as growth subsides

Apr. 26, 2022 4:38 PM ETRobinhood Markets, Inc. (HOOD) StockBy: Liz Kiesche, SA News Editor19 Comments

Vlad Tenev, CEO And Co-Founder, Robinhood

Kimberly White/Getty Images Entertainment

  • Following a period of hyper-growth, in which its headcount surged to 3,800 from 700, Robinhood Markets (NASDAQ:HOOD) is now letting go of 9% of its full-time employees, in an effort to improve efficiency at the fintech.

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