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Bumble announced plans to lay off about 350 employees in its fourth-quarter report Tuesday. ... and more than 170 tech companies have cut nearly 44,000 jobs, according to Layoffs.fyi, ...
Bumble to cut 350 jobs, plans app overhaul to revive growth. Bumble had more than 950 full-time employees at the end of 2022, of whom about 770 are located outside the US. PHOTO: BUMBLE.
The company will save about $55 million a year from the job cuts, $15 million of which it expects to reinvest to grow the brand, Bumble's Chief Financial Officer Anuradha Subramanian told Fortune.
The latest international Bumble Inc news and views from Reuters ... U.S. and Canadian companies have continued to cut jobs in 2024 after letting go thousands last year, ...
Bumble turnaround ‘still in early innings,’ as analysts cut estimates ‘Product-driven turnarounds take time,’ said J.P Morgan Published: Feb. 19, 2025 at 9:33 a.m. ET ...
Bumble is discontinuing its two acquired apps, the dating and relationship apps Fruitz and Official. The move was shared during the company’s Bumble is shutting down Fruitz and Official, the ...
Bumble on Tuesday announced plans to lay off about 350 employees as part of a restructuring plan. A company spokesperson said the cuts amount to about 30% of Bumble's workforce. Bumble said the ...
Bumble's guidance for first-quarter revenue of $242 million to $248 million implied lower user growth sequentially of about 100,000 to 120,000 paying users, said Stifel Research analyst Mark ...