Companies

Bumble Announces 240 Layoffs in $40 Million Cost-Saving Move

Dating app’s reorganization follows leadership shake-up and continued stock market struggles.
Bumble Announces 240 Layoffs in $40 Million Cost-Saving Move
The dating app Bumble as seen on Feb. 26, 2020. Eric Baradat/AFP via Getty Images
Austin Alonzo
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Online dating company Bumble has announced that it will lay off about 30 percent of its global workforce.

The Austin, Texas, company published a filing with the Securities and Exchange Commission on Wednesday that stated its board of directors had approved reducing its global workforce by 240 employees.

Austin Alonzo
Austin Alonzo
Reporter
Austin Alonzo covers U.S. political and national news for The Epoch Times. He has covered local, business and agricultural news in Kansas City, Missouri, since 2012. He is a graduate of the University of Missouri. You can reach Austin via email at [email protected]
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