Robinhood is cutting 23% of its staff, CEO Vlad Tenev told employees in an all hands meeting on Tuesday afternoon, marking the stock and crypto trading app’s second major layoff this year. The layoffs will be concentrated in operations, marketing and program management, Tenev said in a blog post . Robinhood also plans to close offices in Charlotte, N.C., and Tempe, Ariz., a Robinhood...
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