{"id":614929,"date":"2026-06-16T12:52:53","date_gmt":"2026-06-16T12:52:53","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/06\/16\/robinhood-cuts-10-of-workforce-as-tenev-touts-business-strength\/"},"modified":"2026-06-16T12:52:53","modified_gmt":"2026-06-16T12:52:53","slug":"robinhood-cuts-10-of-workforce-as-tenev-touts-business-strength","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/06\/16\/robinhood-cuts-10-of-workforce-as-tenev-touts-business-strength\/","title":{"rendered":"Robinhood cuts 10% of workforce as Tenev touts business strength"},"content":{"rendered":"<p>Robinhood cuts about 10% of staff as CEO Vlad Tenev says business \u201chas never been stronger\u201d despite weak Q1 trading.<\/p>\n<p>Stock and crypto trading platform Robinhood is cutting 10% of its workforce as it restructures its organization, a move the company says will improve efficiency.<\/p>\n<p>CEO Vlad Tenev told staff the company is reducing 10% of its full-time employees as part of \u201cflattening\u201d its org structure, according to a statement on X by Robinhood on Tuesday.<\/p>\n<p>In an internal memo, Tenev said the company cannot \u201cdefault to operating as a heavily-layered organization\u201d if it wants to scale its mission, adding that Robinhood must \u201ccontinuously raise\u201d its performance bar.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/robinhood-cuts-workforce-tenev-strong-business?utm_source=rss&amp;utm_medium=rss_feed_medium&amp;utm_campaign=rss_feed_medium\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Robinhood cuts about 10% of staff as CEO Vlad Tenev says business \u201chas never been stronger\u201d despite weak Q1 trading. Stock and crypto trading platform Robinhood is cutting 10% of its workforce as it restructures its organization, a move the company says will improve efficiency. CEO Vlad Tenev told staff the company is reducing 10% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":614930,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-614929","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/614929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=614929"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/614929\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/614930"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=614929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=614929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=614929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}