Robinhood Cuts Again - Anyone Else Affected?

Just saw the news about Robinhood cutting another 63 people on June 30th, mostly in Menlo Park apparently. This feels like a constant drumbeat now. Not sure what the official reason is this time, but it's hard not to feel the instability, even if you're not directly impacted. Makes you wonder about the long-term strategy. Are they just trimming fat, or is something bigger going on? Seems like every few months there's another round. Anyone in the affected teams or other departments have any insight? Trying to gauge the overall sentiment and if there's any clarity on what's driving these repeated workforce reductions. It's unsettling to see this happen repeatedly to a company that, on the surface, seems to be growing its user base. Just looking for some honest perspectives from folks inside or recently out.