Austin-Based Bumble to Lay Off 30% of Workforce

Bumble layoffs: 30% global workforce axed; CEO pushes reset to revive growth

Bumble Inc. is laying off nearly 30% of its workforce, impacting 240 employees, to cut costs and refocus on long-term growth. The company plans to reinvest $40 million into product innovation and technology. This restructuring comes amid economic challenges and sluggish growth in the dating app sector, with Bumble aiming to improve user experience and regain market traction.

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

Bumble says it will cut 240 jobs, or about 30% of its global workforce

Bumble has announced plans to lay off about 240 employees, roughly 30% of its workforce

Bumble cuts almost a third of staff as dating app woes deepen

The firm's founder became the world's youngest self-made female billionaire when it launched on the US stock market.

Bumble to lay off 30% of workforce as dating company moves to slash costs

Bumble plans to cut hundreds of jobs, with CEO Whitney Wolfe Herd saying the online dating business is at an "inflection point."

Dating app Bumble to lay off hundreds of staff amid turnaround bid

Company is cutting 30% of its global workforce as part of an effort to return to a ‘start-up mentality’Dating app Bumble announced plans to lay off almost a third of its workforce as part of a bid to return to a “start-up mentality” as it fights to revive growth.The Austin, Texas-based company is cutting about 240 roles, or 30% of its global staff, amid a turnaround effort. Its stock has tumbled since the firm went public in 2021. Continue readi…