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

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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, 2025-06-26 02:42:45.589000.