Dating app company Bumble Inc. disclosed on Wednesday that it will trim its headcount by 30%, meaning roughly 240 people will lose their jobs.

During Q1, Bumble revenue was down 8% and its average revenue per paying user was down 7.3%. Bumble usership peaked at 58 million users in 2023, but dropped to 50 million in 2024.

Bumble will lay off roughly 30% of its workforce, or 240 employees, according to a regulatory filing filed by the online dating company on Wednesday. The jobs cuts come as the company moves to ...

Bumble has struggled on the market since going public in 2021. While shares popped up on Wednesday, its stock is still down more than 35% over the last year — and nearly 92% since its February ...

Bumble, the beleaguered dating app who’s stock has lost 90% of its value since going public in 2021, is axing 30% of its workforce.

Bumble’s shares are up around 20% following the news of the job cuts. The company’s last round of layoffs was back in February 2024, when it cut 30% its workforce, impacting around 350 employees.

PHILADELPHIA (AP) — Online dating platform Bumble plans to lay off about 240 employees, or roughly 30% of its global workforce. In a securities filing, Bumble disclosed that its board approved ...

Bumble shares rallied more than 26% on Wednesday after the dating app company revealed in a securities filing that it intends to slash 30% of its workforce, or about 240 roles ...

In 2024, Monteleone was Bumble's fourth-highest-paid executive, with compensation totaling $2.4 million. That included a salary of $353,954, a $100,000 cash bonus and equity awards totaling $1.8 ...