Bumble jumps 26% as dating company plans to axe 30% of workforce

Bumble dating app to lay off 30% of its staff

Dating app company Bumble announced Wednesday it was laying off 30% of its staff, amounting to about 240 of its 800 employees around the world. The Austin-based company said it would reinvest the estimated $40 million it expects to save with the layoffs into developing new technology and products. The announcement came at the same time Bumble said it was increasing its second-quarter revenue forecast to between $244 million and $249 million, up …

Bumble cut 30% of its workforce—the magnitude of which JPMorgan says 'comes as a surprise'

The dating app company announced Wednesday it would lay off 30% of its workforce.

Major layoffs at dating app Bumble with online dating at ‘inflection point’

Savings to be reinvested in product and tech development, with founder having spoken about potential of AI in online dating

Ticker: Bay State lottery sales down; Tough times for dating app

For the fourth consecutive month, sales were down at the Massachusetts Lottery in May. Executive Director Mark William Bracken told the Lottery Commission that the agency sold $572.7 million worth of its products last month, a decrease of $3.5 million or 0.6% compared to May 2024. The last month to post a year-over-year sales increase was January. The only products to post a sales increase in May were Keno, which saw its sales climb by $1.9 mill…

Bumble layoffs: Shares jump after dating app plans to cut 30% of workforce — affecting ...

Bumble's shares surged after announcing a strategic

Bumble Says Will Cut 240 Jobs, or About 30 Per Cent of Its Global Workforce

Get latest articles and stories on World at LatestLY. Online dating platform Bumble plans to lay off about 240 employees, or roughly 30 per cent of its global workforce. World News | Bumble Says Will Cut 240 Jobs, or About 30 Per Cent of Its Global Workforce.