Bumble cut 30% of its workforce—the magnitude of which JPMorgan says ‘comes as a surprise’

Why is Bumble cutting 30% of its workforce? What impact will Fed's eased bank capital rules have? How did Zohran Mamdani's NYC win affect business sentiment? Why are Shell and BP merger talks significant? What caused Tesla's sales decline in Europe? How is Fed Chair Powell responding to GOP pressure? Why is Fannie Mae considering crypto as a mortgage asset?

Bumble cut 30% of its workforce—the magnitude of which JPMorgan says ‘comes as a surprise’

fortune.com/2025/06/25/bumble-layoffs-surprise-jpmorgan-analysts

Bumble announced a 30% workforce reduction on Wednesday after already committing to $15 million in cost cuts, sending its stock up more than 20%. The company is grappling with declining user numbers and revenue in a struggling dating app industry. Analysts still remain skeptical about…

This story appeared on fortune.com, 2025-06-25 20:15:17.