Bumble shares go up 25% as it announces a 30% layoff

[urbanlegend]

Cutting costs is good business.


"Bumble

shares rallied 25% on Wednesday after the dating app company revealed in a securities filing that it intends to slash 30% of its workforce, or about 240 roles.

The layoffs will result in $13 million to $18 million in charges for the company hitting in the third and fourth quarters of this year. Management estimates that the reductions will help the company save $40 million annually."

https://www.cnbc.com/2025/06/25/bumble-layoffs.html

[chilli.domains]

Bumble is that big wtf?

[jag]

How do companies hire so many people in the first place if they can make things run with so few employees.

[LuKenGas]

Bumble is a big success story

[Mitch]

less over head means more bottom line profits, simple business fact.

[monsta]

Dating is where the money is

[TheButcher]

Dating is where the money is

It provides a much need service to millions around the world.