Our CEO Vlad Tenev shared the following note with our team at Robinhood today:
Robinhoodies,
We’ve made the difficult decision to say goodbye to some of our team members today. Those departing are being notified, and we’re offering them full support through this transition, including severance. These are good people who helped build the foundation we stand on today, and I am deeply grateful for their contributions to Robinhood.
I want to be transparent about why this is happening now. Robinhood’s business has never been stronger. But to achieve the massive scale of our mission, we cannot default to operating as a heavily-layered organization. We must be a lean, hyper-focused team where every single individual is empowered to make a massive impact. Our execution is strong today, but our ambitions require us to continuously raise our own bar. To achieve that, today we are flattening our org structure and reducing our overall team size by 10% of headcount.
Because our financial position is strong, we are making this change proactively. The goal is to maximize our talent density and ensure that our culture is defined by an absolute elite performance bar and a superlative commitment to our customers. This transition creates even more opportunities for our most talented people to grow and take on greater responsibility. We will also continue hiring strategically, investing heavily in top-tier talent, and utilizing frontier technologies to push our execution even further.
I know it can be painful to say goodbye to teammates. It is the hardest consequence of committing uncompromisingly to our values of being “Lean & Disciplined” and demanding “High Performance.”
At Robinhood we believe in expanding access to the financial tools that allow people to manage their economic future, and we see prediction markets as an emerging tool that allows people to take views on or hedge against events that impact them. https://t.co/lCGKnEO8iu
Robinhood Markets has just released financial results for the first quarter of 2026.
Check out the highlights from @vladtenev below, and catch our earnings call live at: https://t.co/OchQ0srrMI
Dr. Naomi Boyd of @danielsatDU has joined Robinhood as our Chief Economic Advisor. Learn more about Dr. Boyd’s expertise and her new role here: https://t.co/Yi9dASEr83
Robinhood Markets has just released financial results for the fourth quarter and full year of 2025.
Check out the highlights from @vladtenev below, and catch our earnings call live at: https://t.co/W92tO1JASh
Robinhood will match the $1,000 contribution from @USTreasury into Trump Accounts for eligible children of Robinhood employees.
Our mission is to democratize finance for all and we’re honored to help extend that mission to the next generation through this initiative.
We’re proud to partner with @USOPM, @skupor and @USTechForce to support the next generation of AI leadership and keep the US at the forefront of innovation. https://t.co/D5e7g5BRqm
Robinhood is introducing a new futures and derivatives exchange and clearinghouse, deepening our investment in Prediction Markets and better positioning us to deliver innovative products to our customers.
More in our newsroom: https://t.co/Hqv6EMXZiD
Prediction markets are a powerful tool for traders. Over 1,000 event contracts are now available to trade on Robinhood, and we plan to continue expanding this offering so our customers can have more choice and flexibility in how they invest.
Robinhood Markets has just released financial results for the third quarter of 2025.
Check out the highlights from @vladtenev below, and catch our earnings call live at: https://t.co/pFOYygGBa9
Just under 7 months since launch, we're proud to share that Robinhood Strategies is serving over $1 billion of our clients’ assets, across 180k+ funded accounts. We are beyond grateful for your trust.
AWS (one of our third-party vendors) is experiencing an outage, which is affecting Robinhood services. We’re aware of the issue and will share an update once resolved.
Financial scams are on the rise—stay safe. Be cautious with unsolicited contact. Verify links and sender email addresses, and if anything feels off, don't click. Contact support directly through your Robinhood app or report suspicious emails to [email protected].
Robinhood will never pressure you to act fast or share sensitive information over text or email. Here's one example of what a phishing scam can look like.
A large number of Robinhood customers experienced a brief service interruption this morning that was fully resolved by 9:55am ET. The Robinhood app is now fully operational.
One of Robinhood’s earliest investors, @IndexVentures, shares the story of our CEO and co-founder @vladtenev, from immigrating to the U.S. as a child and fostering a strong work ethic and love for math, to launching Robinhood with @BaijuBhatt and leading it to where it is today.
Read the story here: https://t.co/mWNkOTYN7E
After a thorough investigation, we believe we've identified the author of the original post: a disgruntled former employee who was terminated for poor performance after several months. Unfortunately, this was posted on an anonymous social media site that doesn't filter out ex-employees. Robinhood is firmly a merit-based company and we have a zero-tolerance policy towards discrimination, on political beliefs or otherwise.