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Robinhood: Trims 10% Headcount Amid Crypto Revenue Crunch | Flash News Detail | Blockchain.News
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6/16/2026 3:47:00 PM

Robinhood: Trims 10% Headcount Amid Crypto Revenue Crunch

Robinhood: Trims 10% Headcount Amid Crypto Revenue Crunch

Robinhood cuts 10% staff as crypto revenue falls, following 2025 trading volume drop. Decrypt reports layoffs hit crypto trading platform.

Source

Analysis

Robinhood cut 10% of its workforce as crypto revenue contracted sharply in the first half of 2026, according to a report from Decrypt. The move follows a sustained decline in trading volumes on the platform after the 2025 market correction. Crypto trading accounted for a growing share of Robinhood revenue last year before volumes fell.


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