Robinhood Stock Pops After Announcement Of Plans To Cut 23 Percent Of Workforce

This article was originally published on ValueWalk

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Stock trading platform Robinhood Markets Inc (NASDAQ:HOOD) has announced plans to slash about 23% of its global workforce. The news comes alongside a plummeting monthly active user count and disappointing second-quarter earnings results. Robinhood Announces Job Cuts Robinhood CEO Vlad Tenev announced the steep job cuts in a press release on Tuesday. He said most […]