Robinhood Menlo Park: What's the real reason for the latest cuts?

Just heard about the 63 people let go on June 30th, mostly in Menlo Park. It's hard to stomach, especially seeing the official reasoning sometimes feels like a corporate smokescreen. They talk about 'restructuring' and 'efficiency,' but what does that actually mean on the ground? Feels like we're always chasing some new initiative or metric, and when it doesn't hit perfectly, heads roll. Is it truly about optimizing the business, or are there deeper issues with planning and execution? Anyone else in Menlo Park feeling this? It’s tough when you see colleagues impacted and you’re left wondering if your role is secure or if another 'reorg' is just around the corner. The constant churn is exhausting.