The company, whose customers use the platform to trade stocks, options and crypto, made cuts as it adjusts to a slowdown in customer trading activity, the WSJ said. The number of active traders had dropped to fewer than 11 million in May, down from a peak of 21 million a month in second-quarter 2021, according to the newspaper. Crypto trading volume for May fell 68% from a year earlier, the company said.

Source: Wall Street Journal June 27, 2023 22:14 UTC