February 22, 2015 11:52 PM

[Editor’s Note: This is actually one of the best hairpieces in history. Robbie told PEOPLE at an Oscars afterparty that she didn’t get a cut! But we still think she should still consider a bob.]

It wouldn’t be the Academy Awards without a red carpet hair change. Margot Robbie stepped out with a fresh new cut — a sleek, asymmetrical bob!

Karwai Tang/WireImage; Jordan Strauss/Invision/AP

In the past year, the Focus star has changed her hair color from blonde to brunette to red (and then back to blonde!). As for length, her strands usually fall around her collarbone, but now she’s sporting the It-girl favored chin-grazing bob.

For her fashion moment, Robbie selected a plunging, sheer-sleeved Saint Laurent dress and Van Cleef & Arpels jewelry — including a major statement necklace.

“This necklace right here is worth more than my life,” she said on the carpet. “It was created for the Duchess of Windsor in the ’30s.”

 

PEOPLE

What do you think of Robbie’s new do? Are you loving the short hair movement happening in Hollywood? Share your thoughts below.

–Brittany Talarico

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