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Robinhood to close 5 more offices, no worker to be laid off
short by Mansi Agarwal / on Saturday, 1 October, 2022
Robinhood Markets on Friday said it will partially or completely shut down five more offices as part of its restructuring plan to cut expenses. The California-based brokerage company said the closures, which will result in restructuring charges of around $45 million, will be done without any job cuts. Robinhood fired around 23% of its employees in August.
read more at Reuters