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Robinhood is cutting jobs, reorganizing teams, and focusing on credit cards to solve a shrinking user base, insiders say (www.businessinsider.com)

submitted 11 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Robinhood is cutting jobs, reorganizing teams, and focusing on credit cards to solve a shrinking user base, insiders say::Robinhood is reorganizing and its future in credit cards was discussed in all-employee meeting, insiders say.

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[–] Peregrinus@lemmy.world 51 points 11 months ago (1 children)

that pump and dump scheme just needs to wrap up and fail. they failed their user base and then wondered why people left in droves. The poster boys for PFOF. needs to be banned everywhere.

[–] triptrapper@lemmy.world 1 points 11 months ago

Anecdotally, and unfortunately, I'm the only person I know who stopped using Robinhood after the GME bullshit.