Stock trading app company Robinhood will permanently lay off approximately 82 employees in Charlotte, according to a notice filed with the NC Department of Commerce on Wednesday. The fintech confirmed to The Charlotte Observer on Wednesday that it would shut down its Charlotte office, an expansion it announced just last year. The office is closing as part of restructuring at Robinhood, company spokesman Casey Becker said, following a new round of companywide layoffs. Robinhood is laying off dozens of employees in Charlotte as it closes its office here. Another fintech job cutRobinhood isn’t the only fintech firm to dial back a major Charlotte expansion.

Source: New York Times August 04, 2022 21:17 UTC