Robinhood CEO Says ‘Business Has Never Been Stronger,’ Then Lays Off 290 Employees; Internet Calls The Move ‘Contradictory’ | Viral News
Last Updated:June 17, 2026, 12:58 IST Robinhood is cutting nearly 10% of its workforce despite reporting record trading activity. CEO Vlad Tenev says the move is aimed at streamlining operations Robinhood’s decision to lay off nearly 290 employees has ignited a heated conversation online (Image-AFP) Trading platform Robinhood has announced plans to cut nearly 290…