Bumble to cut 30% of workforce, including 350 employees, amid revenue slowdown
Bumble, the online dating app, is set to lay off 350 employees, about 30% of its workforce, due to sluggish user spending and a lack of innovation in the industry. The company's revenue forecast indicates a slowdown in spending on dating apps, leading to a need for a revamp to attract newer users seeking companionship.
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Bumble to lay off 30% of its workforce after failing to entice Gen Z users - as study shows eight in ten college students NEVER use apps and prefer to meet partners the traditional way https://t.co/9N5RVVZKIU
Daily Mail US Bumble to lay off 30% of its workforce after failing to entice Gen Z users https://t.co/V5JeBDALx3 https://t.co/1H0DFI8PeT
Entrepreneur Bumble announced on Tuesday that it would be cutting over 30% of its total global workforce. https://t.co/Y2qlbr3gUg
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