Bumble shares rallied after the company said it plans to lay off 30% of its workforce, or about 240 roles. The dating app maker estimates that the reductions will help it save $40 million annually. Founder Whitney Wolfe Herd, who stepped down as... — read more
Bumble to lay off 350 employees as tech industry job cuts mount
Bumble announced plans to lay off about 350 employees as part of its fourth-quarter -earnings report Tuesday. The company said the layoffs will help drive stronger operating leverage and align its operating model with “future strategic... — read more