Posts Tagged: Robinhood

Layoffs Announced at Robinhood

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized.

According to the New York Times, Robinhood announced layoffs for the second time this year. Questions: What is Robinhood? What percent of employees will be layed off in this second round? Why are the layoffs occuring? What roles in the company will be primarily affected? Source Kelley, L. and D. Yaffee-Bellany. (2022). Robinhood lays off… Read more »

What a Time to be Offline!

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Financial Reporting and Analysis, Financial Statement Analysis, Fraud Accounting, IFRS, Income Taxes, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized.

According to BusinessInsider.com, Robinhood, a millennial favorite stock app, was offline for iPhone and Android users during the entire day, when the Dow made its biggest point gain ever. Questions: What do millennials see as the benefit of Robinhood? By how many points did the Dow Jones industrial average rise on Monday after the horrible… Read more »