Robinhood announces it will reduce headcount by 10%, CEO seeks to avoid ‘heavily-layered’ organization
- Posted on June 16, 2026
- By Fortune
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- 1 min read
Robinhood announces it will reduce headcount by 10%, CEO seeks to avoid ‘heavily-layered’ organization
Robinhood is cutting hundreds of jobs even as profits rise and new products like prediction markets help bolster growth.