Thursday, 29 February, 2024
Bumble Plans Job Reductions Amidst Weak Revenue Projections
Bumble, the dating app company, is set to reduce approximately 350 positions as it anticipates lower-than-expected revenue for the first quarter. The decision comes amidst challenges in the competitive online dating market. The job cuts signal Bumble's efforts to streamline operations and navigate financial uncertainties, reflecting the company's proactive approach to sustaining business performance amidst market fluctuations.
Read full story at Economic Times