Robinhood is cutting jobs, reorganizing teams, and focusing on credit cards to solve a shrinking user base, insiders say

Robinhood is laying off more employees and reorganizing teams as part of a new focus on credit cards as the company tries to mitigate a shrinking user base, insiders say. In June, Robinhood announced plans to acquire no-fee credit card startup X1 for $95 million. Insiders say the company is…#robinhood #robinhoodmoney #x1 #robinhoodcom #jpmorgan #menlopark #saytechnologies #vladtenev #reachrebecca #ashleystewart

Source: Reuters: Health - September 22, 2023 Category: Consumer Health News Source Type: news