From Yahoo Finance: 2025-05-08 07:34:00

Match Group saw a 5% drop in paying users in Q1, prompting a 7% stock decline. The dating app company plans to cut 13% of its workforce under new CEO Spencer Rascoff. Revenue fell 3% to $831 million, but exceeded expectations. Investors are cautious about the company’s future amid market stagnation and inflation.



Read more at Yahoo Finance: Tinder parent Match’s paying users fall as demand slowdown intensifies