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Bumble dating application announcement On Wednesday, it releases 30% of its workforce, which has an impact on 240 positions. The company declared in a securities file that the cuts were one of its plans to realign its “operating structure to optimize execution on its strategic priorities”.
Bumble plans to save $ 40 million a year due to the reduction in labor and plans to reinvest most of this money in product development and technology.
The company said that it would lead to around $ 13 to $ 18 million in non -recurrent charges, mainly linked to the starting allowances, the services and associated costs for the employees affected in the third and fourth quarters of 2025.
Bumbles have increased by around 20% after the new job cuts.
The last series of company layoffs was back in January 2024 when it cut 30% his workforceimpacting approximately 350 employees.
In addition to announcing the reduction in the workforce, Bumble shared that it increased its income forecasts in the second quarter to a range from 244 to 249 million dollars, against the previously planned range of $ 235 million at $ 243 million.
The cuts come as a bumblebee announcement At the beginning of the year, the founder Whitney Wolfe Herd returned as CEO in March, after resign position in 2023.
As Bumble last month reported low income from the first quarter that fell 7.7% from one year to the nextHerd said in an interview with The New York Times This “Bumble needs me in return. It is an extension of me to a certain extent, and looking at him falling from his peak was very difficult. ”
Match, which has rival applications like Tinder and Hinge, also had trouble attracting and retaining users, especially young people. Match announcement In May, he dismissed 13% of his staff to reduce costs and rationalize his organizational structure.
(Tagstotranslate) Bumble
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