Robinhood axes almost 1 in 10 staff members as stock hits all-time low -Breaking
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As stock drops to an all-time low, Robinhood fires nearly 1/10 of its staff.Robinhood, a popular retail trading platform (NASDAQ:), has laid off 9% of its employees amid a stock fire that saw HOOD plummet to new lows.
HOOD is currently at $9.99 after a drop of 38% over the past thirty days. This price was the lowest ever since its initial public offering in mid-2021.
How can crypto help to drive recovery?
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