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Robinhood axes around 7% of full-time staff
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fnlondon.comAround 150 employees of trading firm Robinhood Markets are set to lose their jobs amid a slump in customer trading activity.
The move – which marks the third round of job cuts in just over a year – was made to “adjust to volumes and to better align team structures,” according to an internal message from the firm’s chief financial officer Jason Warnick, seen by The Wall Street Journal.
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