techcrunch
PublishedJune 16, 2026 at 2:50 PM
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Robinhood’s note on 10% layoffs shows blaming AI isn’t cutting it
Publisher summary· verbatim
Unlike many of his tech industry peers who have cut thousands of jobs citing the need to restructure to make the most of AI, Robinhood's CEO Vlad Tenev conspicuously made no mention of AI in his note about layoffs.
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