Nigeria, June 26 -- Bumble has announced plans to let go of around 240 employees, which amounts to 30% of its workforce.
The company made this decision as part of a larger plan to restructure its operations and adjust to changes in the online dating industry, which is currently struggling to maintain user interest.
The job cuts come at a time when many dating apps are losing users, especially younger ones, and finding it hard to keep people engaged.
Bumble's main competitor, Match Group, also reduced its workforce by 13% just last month.
This decision follows the return of Bumble's founder, Whitney Wolfe Herd, to the role of CEO three months ago.
She took over again with a focus on improving the quality of matches on the platform.
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