Bumble to lay off 30% of its workforce

Dating application Bumble declared On Wednesday, 30% of the labor force that affects 240 positions. The company said that the structure of cutting, cutting, “operating structure for the optimization of the implementation of the implementation” was part of its “operating structure”.

Bumble plans to resume $ 40 million a year in the reduction in labor force and investing much of this money again product and technology development.

The company said that up to $ 18 million to $ 18 million to $ 18 million to $ 18 million to $ 18 million, up to $ 18 million in the third and fourth quarters of 2025, up to $ 18 million to $ 18 million.

Bumble’s shares are up to 20% after the news of the workers.

The last round of the company’s last round was returned in February 2024, when cut 30% of its workforceaffects about 350 employees.

In addition to announcing the reduction of the workforce, Bumble increased to $ 249 million to $ 249 million, up to $ 249 million, up to $ 249 million, increased by $ 249 million.

Cuts come as bumble declared At the beginning of the year, the founder Whitney Wolfe Herd returned as General Manager in March go down From office in 2023.

Last month reported poor first quarterly savings to fall as bumble 7.7% annuallyThe herd said In an interview with New York Times This “bumble comes back to me. This is an extension to my extent and watching it was very difficult to watch it falls on his peak.”

The match, which is the owner of rival applications such as tinder and hinge, also struggled to attract and maintain users, especially young people. Adapt declared In May, 13% of this was investing 13% of employees to reduce expenditures and regulate the organizational structure.

Correction: This article was updated to reflect the last period of the last period of Bumble in February 2024 in January 2024.