revolut Revolut Lays Off 60 Workers Amid Coronavirus Financial Strain Digital banking startup Revolut confirms the redundancy of 60 employees as the economic impact of the coronavirus pandemic forces operational changes.
revolut Revolut Cuts 60 Jobs as Pandemic Pressures Challenge Profit Goals UK digital bank Revolut lays off 60 employees as COVID-19 forces cost-saving measures. The $5.5 billion company still aims to achieve profitability this year despite the economic downturn.
robinhood Robinhood Wins U.K. Regulatory Approval to Challenge Local Fintechs Robinhood receives authorization from the Financial Conduct Authority to operate as a broker in the U.K. The Silicon Valley trading app gears up for a London launch to compete against local rivals like Freetrade and Revolut.
tesla Tesla Shifts to Online Sales as Tech Industry Seeks New Strategies Tesla closes most retail stores to cut costs and enable cheaper Model 3 pricing. Other tech giants like Twitter, Amazon, and TiVo also make major strategic shifts this week.