Menlo Park Cuts - Feeling the Pinch at Robinhood

Just heard about the latest round of layoffs on June 30th, about 63 people in Menlo Park. This is getting concerning. It feels like every few months there's a new round of cuts. I know the company's been through a lot of restructuring, and they've mentioned focusing on efficiency and different product areas, but it's hard not to feel uneasy. Anyone else in Menlo Park directly affected or seeing the impact? Trying to get a pulse on how deep this really went and what the sentiment is like on the ground. Is this just optimizing, or are we seeing a more serious slowdown? Wondering about the departments hit hardest and if there are any internal signals about future stability. Feels like a lot of churn lately.