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

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

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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.

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