Bumble, the beleaguered dating app whose stock has lost 90% of its value since going public in 2021, is axing 30% of its workforce. The company announced in a regulatory filing Wednesday that the ...
The popular dating app Bumble says it’s laying off nearly a third of its employees. Since the company’s 2021 IPO, stock prices have fallen from $75 to around $6.51 per share. Millennials like BU ...
Dating app Bumble continues to lose its footing. After subpar earnings, sluggish user growth, and internal stagnation, the company has laid off 30% of its staff. Meanwhile, its dating app competitor ...
June 25 (UPI) --Bumble, the company that produces the online dating app designed to empower women, on Wednesday announced it is laying off 30% of its staff in a bid to reverse financial problems. The ...
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In a regulatory filing Wednesday, the company announced that the layoffs would affect 240 employees, saving about $40 million annually. However, Bumble said it plans to spend up to $18 million on ...