Finance

Trading platform Robinhood cuts 10% of workforce to flatten management layers

Robinhood said on Tuesday it would cut 10% ⁠of its full-time workforce, or about 290 roles, as the trading platform seeks to flatten management layers.

Capital Daily Newsroom

Editorial Desk

2026-06-16 · 2 min read

Trading platform Robinhood cuts 10% of workforce to flatten management layers

Published June 16, 2026 · Category: Finance

Overview

Robinhood said on Tuesday it would cut 10% ⁠of its full-time workforce, or about 290 roles, as the trading platform seeks to flatten management layers.

Source

Originally published at www.cnbc.com.

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