Updated April 8, 2026 · Based on public filings, SEC disclosures, and verified reports

● LAYOFF ALERT — Q2 2026HOOD

Robinhood cut 1,200 — your step-by-step plan if you were laid off

1,200

Jobs Cut

3wk

Min. Severance

$125,000

Avg. Salary

Robinhood's 2026 cuts followed AI automation of its customer support and compliance workflows. The company's shrinking retail trading user base prompted cost-cutting ahead of profitability milestones. AI-driven trading tools reduced the need for human product support.

If You Were Just Laid Off From Robinhood

Here's exactly what to do in the next 72 hours — before you lose money you're owed.

Most people make the same 3 mistakes in the first 48 hours after a layoff. They cost thousands of dollars. This guide tells you exactly what to do — and what not to do — in order.

Which Robinhood departments were cut?

Customer SupportProductMarketingComplianceEngineering

Your 30-Day Survival Timeline

The exact order of operations after a Robinhood layoff

Day 1Do NOT sign anything

→You have at least 21 days to review severance (45 days if you're over 40).
→Download all your work samples, contacts, and performance reviews immediately.
→Screenshot your offer letter, equity grant docs, and benefits confirmation.
→Do not post on social media yet — one wrong word can affect unemployment eligibility.
→Call a trusted colleague privately to confirm your network is intact.

Day 3File for unemployment

→File for unemployment benefits in your state — don't wait, it delays your payments.
→Robinhood severance may delay eligibility in some states — check your state's rules.
→Contact your state workforce agency for job placement services (they're free).
→If you had health insurance through work, start COBRA research now — you have 60 days.
→Calculate your runway: monthly expenses ÷ savings = months until crisis.

Day 7Activate your network

→Update LinkedIn to "Open to Work" — set it visible to recruiters only if preferred.
→Send direct messages to 10 people in your network before applying to a single job board.
→Join the ex-Robinhood alumni groups on LinkedIn and Slack immediately.
→Ask 3 people who can give strong references — confirm before listing them.
→Start researching the companies in your pivot paths — target 5 specific companies.

Day 30Interview-ready

→Have your resume updated, tailored for your top 3 target roles.
→Complete at least one relevant online certification to signal momentum.
→Have done at least 10 real conversations (coffee chats, recruiter calls, alumni reach-outs).
→Have 3-5 active applications with real human contact — not just form submissions.
→Negotiate your severance before the deadline — most people never ask and leave money behind.

Robinhood Severance — What You're Owed