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Bumble to lay off 30% staff: Have dating apps lost their charm?
Dating app Bumble will axe nearly a third of its staff amid declining market value. This comes after its rival Match, which owns Match and Tinder, said it was reducing 13 per cent of its workforce. The online dating industry has failed to convince users to pay for its services.
Bumble stock price jumped by over 25% on Wednesday after the company delivered a plan to slash costs as its business slows.
Bumble navigates user declines and dating app fatigue with layoffs, seeking efficiency and strategy shifts. Read why I have ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
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Why Bumble (BMBL) Stock Is Trading Up TodayShares of online dating app Bumble (NASDAQ:BMBL) jumped 17.2% in the morning session after the company announced a major ...
Making friends as an adult is hard. If you’re turning to the apps to help foster some friendship, here are ten of the best ...
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