Robinhood CEO Vlad Tenev
Credit Image - Pinterest.om
Company that deals in online trading platform Robinhood
Robinhood announced on Tuesday that it will cut 9% of its employees there.
CEO Vlad Tenev told his employees that I had a good experience of the growth of the business in the term of 2020 and 2021
According to the data, more than $1.8 billion was earned in 2021 from about $278 million in 2019
Robinhood's executive reveals that he increased his workforce while delivering to customer and market fulfillment
This number of its employees was increased from about 6X 700 to about 3800
Credit Image - Pinterest.om
Keeping all these factors in mind, Robinhood decided to cut employees' salary by 9%.
Credit Image - Pinterest.om
More web story