logo

Robinhood CEO Says 'Business Has Never Been Stronger' Then Cuts 10% of Workforce

Posted by randycupertino |2 hours ago |3 comments

newaccountman2 an hour ago

Everyone wants to act like there is something inconsistent about his statement and action, but why? They could simultaneously be doing well and have a bunch of people they can let go without degrading the business.

(IDK whether they actually are doing well or not)

throwawaysleep an hour ago

AI makes certain types of people, like those who need to be trained, obsolete.