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Robinhood’s note on 10% layoffs shows blaming AI isn’t cutting it

Tech TechCrunch By Ram Iyer 16 Jun 2026 14:50 1 min read
Robinhood’s note on 10% layoffs shows blaming AI isn’t cutting it

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.

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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