Bumble cuts ~350 employees as dating apps face a reckoning

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  • Tech Squirrel
    Senior Member
    • Apr 2023
    • 10636

    #1

    Bumble cuts ~350 employees as dating apps face a reckoning

    Bumble, a once-powerful force in online dating, is facing a reckoning. The company posted weak Q4 2023 results today showing a $32 million net loss and $273.6 million in revenue. While up from the same period a year ago, earnings came in below Wall Street expectations and were paired with a disappointing Q1 2024 forecast […]

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