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Robinhood lays off 9% of full-time employees as it drives plan to end duplicate roles
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Robinhood Markets said it was laying off 9% of its full-time workers and is cutting back on duplicate roles it added when the investment platform was growing rapidly beginning in 2020.
Shares fell 5% in after-hours trading closing on 27 April after the company announced the layoffs in a blog post.
The investment platform, which is popular...
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