{"id":6555,"date":"2022-08-03T08:37:24","date_gmt":"2022-08-03T06:37:24","guid":{"rendered":"https:\/\/costops.com\/index.php\/2022\/08\/03\/trading-platform-robinhood-lays-off-nearly-a-quarter-of-staff-as-crypto-drops\/"},"modified":"2022-08-03T08:37:24","modified_gmt":"2022-08-03T06:37:24","slug":"trading-platform-robinhood-lays-off-nearly-a-quarter-of-staff-as-crypto-drops","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/08\/03\/trading-platform-robinhood-lays-off-nearly-a-quarter-of-staff-as-crypto-drops\/","title":{"rendered":"Trading platform Robinhood lays off nearly a quarter of staff as crypto drops"},"content":{"rendered":"

The news comes on the heels of a dire revenue report, with company shares taking a 3% tumble in extended trading<\/p>\n

Robinhood, the trading platform that gained notoriety for allowing amateur stock investors to play the market, is laying off<\/a> nearly a quarter of its staff \u2013 citing economic conditions and the crash of the cryptocurrency market.<\/p>\n

The news it was slashing 23% of its staff came as the company posted a 44% decline in revenues on slumping trading activity, in a surprise earnings report that came one day earlier than scheduled, and sent the company\u2019s shares down more than 3% in extended trading.<\/p>\n

Continue reading…<\/a>
\nThe news comes on the heels of a dire revenue report, with company shares taking a 3% tumble in extended trading
\nRobinhood, the trading platform that gained notoriety for allowing amateur stock investors to play the market, is laying off nearly a quarter of its staff \u2013 citing economic conditions and the crash of the cryptocurrency market.
\nThe news it was slashing 23% of its staff came as the company posted a 44% decline in revenues on slumping trading activity, in a surprise earnings report that came one day earlier than scheduled, and sent the company\u2019s shares down more than 3% in extended trading. Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

The news comes on the heels of a dire revenue report, with company shares taking a 3% tumble in extended trading Robinhood, the trading platform that gained notoriety for allowing amateur stock investors to play the market, is laying off nearly a quarter of its staff \u2013 citing economic conditions and the crash of the …<\/p>\n

Trading platform Robinhood lays off nearly a quarter of staff as crypto drops<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":6556,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/6555"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=6555"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/6555\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/6556"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=6555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=6555"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=6555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}