Dear Robins

Captain sent the following email to Robinhood employees earlier today. Hey there, Robins! Unfortunately, the harsh economic force has struck the financial markets and, despite our best efforts, 15% of our workforce must be laid off. This news isn't easy to take - especially coming from Captain Robin Hood. I take full responsibility for this difficult decision. It all started with a rogue asteroid intent on destroying our perfect portfolios. We tried to deflect it with every investment strategy in our toolkit, but eventually the asteroid was too strong and the markets began to drop. We didn't give up, and we threw every ounce of power we had into fighting the asteroid. We launched a fleet of sophisticated algorithms, and implemented our most advanced tactics. But in the end, the asteroid's gravitational pull was too strong. While I know many of you feel disappointed and afraid, know that I am here for you. I take full responsibility for the choices I've made and I want to assure you that I am doing everything in my power to move us forward. We will get through this, together. Always be proud, Captain Robin Hood