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FinTech news in hiring category

Robinhood's Vlad Tenev about laying off 713 employees

It’s been a volatile year for retail investment behemoth Robinhood. The fintech company is laying off 23% of its workforce, as first reported by the Wall Street Journal and confirmed by TechCrunch. The layoff comes just three months after Robinhood cut 9% of full time staff. At the time of its last layoffs in late April, \[…\]

Tech layoffs: Paypal to fire 83 employees in the Bay Area

PayPal layoffs, while just now coming to the surface, were conducted around a week before the fintech confirmed that it was shuttering its San Francisco office. PayPal, which has over 30,000 employees, told staff during a recent all-hands meeting that there will be no mass layoffs, sources say.