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Robinhood cuts 23% of staff, CEO Vlad Tenev says, ‘This is on me’

TechCrunch

It’s been a volatile year for retail investment behemoth Robinhood. In that post, Tenev wrote that while “employees from all functions would be impacted, the layoffs are “particularly concentrated” in the company’s operations, marketing and program management functions.

.Net 189
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PCI DSS version 4.0: Is your payment card data security program ready?

CIO

Not surprisingly, the retail industry was also highly targeted. Security and compliance teams can also download the 2023 Payment Security Report insights for information on advanced PCI security program management and design. It is also a high-value target. You can find more information on Verizon’s PCI DSS assessment here.

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Trending Sources

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AI: the ultimate check against organizational well-being

CIO

Putting processes first One digital leader whos helped her organization embrace AI-enabled transformation is Wendy Redshaw, CDIO at NatWest Retail Bank. If I look at program managers, for example, they have to read a lot of documents, go to a lot of meetings, look for risks, and things like that, she says.

Banking 95
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PCI compliance: Is your qualified security assessor up to the task?

CIO

QSAs should bring strong domain expertise to their work and be knowledgeable of the unique security threats faced in specific industries, such as e-commerce, retail and healthcare. Does your QSA provide actionable insights and recommendations, or just a compliance report? CISOs should evaluate the value they are getting from QSAs.

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A troubling startup layoff trend has emerged

TechCrunch

Earlier this week, Robinhood announced that it laid off 23% of staff across all functions, especially concentrated in the company’s operations, marketing and program management functions. ” With the second round of layoffs officially confirmed, Tenev struck a different tone.

Trends 316
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Security and Windows 10 Will Cross Paths for Enterprises

CTOvision

Security has already been front and center early in 2015 with data breaches hitting some of the biggest names in the retail, financial and healthcare sectors. Deepak was the lead architect of Microsoft Systems Management Server 2003, and prior to that was a program manager with the Windows NT Networking team.

Windows 111
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How BayCare Health System excels in raising data literacy

CIO

We have unique and disparate lines of business: 16 hospitals, and hundreds of medical practices, surgery centers, and retail settings. We’ve also set the expectation that if you’re in a leadership role, you need capabilities that are beyond your functional job description, including program management, financial acumen, and data literacy.

System 147