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 ...
Dating app Bumble announced Wednesday that it plans to lay off 30% or 240 of its employees, highlighting a recent trend in the dating app ecosystem. The expected job cuts will affect both the Bumble ...
Bumble's fundamentals are strong—positive free cash flow, low adjusted P/E, and solid balance sheet—but revenue is declining and the user base is shrinking. Management is focused on quality, ...
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. Stream Connecticut News for free, ...