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Bumble to lay off 350 employees, or about 37% of its workforce
BMBLBumble(BMBL) CNBC·2024-02-27 22:16

The Bumble app on a smartphone arranged in New York, US, on Monday, Nov. 6, 2023.Bumble on Tuesday announced plans to lay off around 350 employees, or about 37% of its workforce, as part of a restructuring plan.The company said the layoffs will help drive stronger operating leverage and align its operating model with "future strategic priorities," according to its fourth-quarter report. Bumble had more than 950 full-time employees as of December 31, 2022, according to a filing with the U.S. Securities and E ...