Bumble layoffs: 30% global workforce axed; CEO pushes reset to...

Dununu.com Dununu

Patrocinados

Bumble layoffs: 30% global workforce axed; CEO pushes reset to revive growth

RSS Feed Business

Posted

69

Bumble Inc. is laying off nearly 30% of its workforce, impacting 240 employees, to cut costs and refocus on long-term growth. The company plans to reinvest $40 million into product innovation and technology. This restructuring comes amid economic challenges and sluggish growth in the dating app sector, with Bumble aiming to improve user experience and regain market traction.

Read Full Article

Please log in to like, share and comment!

‘Always, zero tariffs to…’: Donald Trump says US willing to lower tariff rates for major countries - this condition needs to be fulfilled

President Trump announced his willingness to lower tariffs for countries opening their markets to...

By 0 0

Dhankhars pack up, set to vacate Vice-President Enclave; to be allotted bungalow in Lutyens' Delhi

By 0 1

Obama directly gave order: Tulsi Gabbard releases new documents; 'They knew it was false'

Director of National Intelligence Tulsi Gabbard released new documents alleging the Obama...

By 0 10

'His plate will be full' - Ravi Shastri has hilarious go at India legend - watch

India and England are locked in a tense 4th Test, with England leading the series 2-1. The hosts...

By 0 10

Addinath steps into the role of Bharat in Ranbir-Yash's Ramayana

Addinath Kothare joins the star-studded cast of Nitesh Tiwari's Ramayana as Bharat, expressing...

By 0 10