Robinhood CEO Vlad Tenev on cutting 3800 workforce by 9% and preserving $6b cash position

After a companywide meeting to announce cutting 9% of 3800 workers, Robinhood CEO Vlad Tenev shared this letter with employees and the public. Workforce reductions are always tough, but this is better than a press release.

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– Robinhood CEO Vlad Tenev on cutting 3800 workforce by 9% and preserving $6b cash position