Skip to main content

Retail trading platform Robinhood Markets Inc. HOOD-Q said on Tuesday it is laying off about 23% of its employees.

The layoffs will be concentrated in the company’s operations, marketing and program management functions, Robinhood Chief Executive Officer Vlad Tenev said in a blog post.

Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter. Sign up today.

Report an editorial error

Report a technical issue

Tickers mentioned in this story

Study and track financial data on any traded entity: click to open the full quote page. Data updated as of 17/05/24 4:15pm EDT.

SymbolName% changeLast
Robinhood Markets Inc Cl A

Follow related authors and topics

Authors and topics you follow will be added to your personal news feed in Following.

Interact with The Globe