Bumble to cut about 350 roles, forecasts weak first-quarter revenue
Wed, Feb 28, 2024 11:20 AM

Bumble to cut about 350 roles, forecasts weak first-quarter revenue

A Flip by Avya Verma
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Bumble said on Tuesday it would cut about 350 roles, marking new CEO Lidiane Jones' first big move, after the online dating company forecast disappointing first-quarter revenue as it grapples with a slowdown in user spending. Shares of the Austin, Texas-based company, which offers dating apps such as Bumble, Badoo, and Fruitz, fell more than 7% in extended trading.

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