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TechCrunch·2025-06-26 17:59

The dating app industry is in a rough spot. Bumble announced a 30% layoff of its entire workforce, about 240 people in total.And the market is sadly but not surprisingly embracing the decision, with its shares jumping up by 20% following the announcement. Just last month, Bumble's rival, Match, laid off 13% of its own staff in a similar cost-cutting measure. Both companies have previously conducted layoffs, as user willingness to pay apps to find companionship declines year-over-year.Get more details here: ...