Bumble is cutting 30% of workforce to align with strategic priorities

From Nasdaq: 2025-06-25 10:23:00

Bumble Inc. announced a global workforce reduction of 240 positions, or 30% of its staff, to align with strategic priorities. The restructuring will result in one-time charges of $13-18 million, mainly for severance and benefits, with costs expected in the third and fourth quarters of 2025. The company anticipates annual cost savings of up to $40 million from the job cuts, which will be reinvested in product and technology initiatives. Bumble revised its second quarter outlook, forecasting revenue between $244-249 million and adjusted EBITDA between $88-93 million. BMBL stock is trading at $6.11, up 17.18% on the Nasdaq.



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