Bumble cuts ~350 employees as dating apps face a reckoning

TechCrunch
By Kyle WiggersFeb 27, 2024, 7:05 pm182 ptsTrending
Bumble, a once-powerful force in online dating, is facing a reckoning. The company posted weak Q4 2023 results today showing a $32 million net loss and $273.6 million in revenue. While up from the same period a year ago, earnings came in below Wall Street expectations and were paired with a disappointing Q1…

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