Robinhood Layoffs

Industry Finance · Location SF Bay Area · United States · Subscribe (RSS)

Layoff rounds

1,203

Employees laid off

Post-IPO

Funding stage

$5.6B

Total raised

HOOD $82.47 ▼ 6.63%

close June 5, 2026

Robinhood has 4 publicly reported layoff rounds on record between April 26, 2022 and September 21, 2023. A total of about 1,203 employees were affected across these rounds.

Layoff history

September 21, 2023

Robinhood cut staff

Location SF Bay Area HOOD -3.82% that day, -1.32% next day

Robinhood disclosed a workforce reduction affecting its SF Bay Area operations in September 21, 2023.

Source: businessinsider.com

June 26, 2023

Robinhood cut 150 employees (7% of staff)

150 laid off 7% of workforce Location SF Bay Area HOOD +1.48% that day, +3.22% next day

Robinhood disclosed a workforce reduction affecting its SF Bay Area operations in June 26, 2023. Approximately 150 roles were eliminated.

Source: wsj.com

August 2, 2022

Robinhood cut 713 employees (23% of staff)

713 laid off 23% of workforce Location SF Bay Area HOOD +2.1% that day, +11.7% next day

Robinhood disclosed a workforce reduction affecting its SF Bay Area operations in August 2, 2022. Approximately 713 roles were eliminated.

Source: techcrunch.com

April 26, 2022

Robinhood cut 340 employees (9% of staff)

340 laid off 9% of workforce Location SF Bay Area HOOD -3.75% that day, -4.9% next day

Robinhood disclosed a workforce reduction affecting its SF Bay Area operations in April 26, 2022. Approximately 340 roles were eliminated.

Source: cnbc.com

Data for Robinhood is compiled from public WARN Act filings and reporting linked above. See our methodology.