Popular dating app Bumble lays off hundreds of employees, here's why

Bumble, the dating app, plans to lay off about 37% of its workforce, approximately 350 employees, due to disappointing first-quarter revenue and a slowdown in user spending. Bumble CEO Lidiane Jones aims to strengthen foundational capabilities. Tech industry layoffs continue.

Popular dating app Bumble lays off hundreds of employees, here's why
Bumble, the dating app, plans to lay off about 37% of its workforce, approximately 350 employees, due to disappointing first-quarter revenue and a slowdown in user spending. Bumble CEO Lidiane Jones aims to strengthen foundational capabilities. Tech industry layoffs continue.