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Hannah Blackwood

Hannah Blackwood

Reporter · Boursel

An electronic stock-market trading board
Crypto 23 h

Robinhood Cuts 10% of Staff as Crypto's Slump Hits the Industry

  • Robinhood is cutting about 290 jobs — roughly 10% of its workforce — even after a record-profit quarter.
  • The company calls it a push for a leaner structure, but the layoffs land as its crypto-trading revenue has nearly halved, a symptom of the wider 2026 digital-asset downturn.

In brief

In brief