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

Posted by randycupertino 4 hours ago

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Comments

Comment by newaccountman2 4 hours 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)

Comment by throwawaysleep 4 hours ago

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

Comment by Imustaskforhelp 4 hours ago