Bumble says it will cut 240 jobs, or about 30% of its global workforce
June 25, 2025
Bumble has announced plans to lay off about 240 employees, roughly 30% of its workforce. The dating app disclosed this decision in a securities filing this week, citing a need to realign its operations and focus on strategic priorities. Bumble expects the layoffs to save $40 million annually, much of which it says it will reinvest in product and technology development. Its shares surged over 23% following the news on Wednesday. Bumble did not immediately specify which roles would be affected or when it would implement the cuts — but said it expects to incur related costs later in the year.