Trading platform Robinhood lays off nearly a quarter of staff as crypto drops
https://www.theguardian.com/us-news/2022/aug/02/robinhood-lay-offs-crypto-crash
The news comes on the heels of a dire revenue report, with company shares taking a 3% tumble in extended trading
Robinhood, the trading platform that gained notoriety for allowing amateur stock investors to play the market, is laying off nearly a quarter of its staff – citing economic conditions and the crash of the cryptocurrency market.
