Match Group, the parent company of Tinder, announced plans on Tuesday to cut 6% of its global workforce as part of a strategic shift from livestreaming services to artificial intelligence (AI). The company, which also operates Hinge and other dating websites, is facing pressure from activists to deliver a turnaround as subscriber numbers decline. Match Group's decision to discontinue livestreaming services is aimed at transforming its dating apps, which have been losing users. The cuts are expected to help the company focus on AI-driven innovations to enhance user experience and regain market share.