Bumble Lays Off 30% of Workforce Amid Strategic Shift
Bumble cuts 30% of staff to refocus on tech and product growth, saving $40M annually as founder returns as CEO.
Matilda
Bumble Lays Off 30% of Workforce Amid Strategic Shift Bumble layoffs affect 30% of workforce as company refocuses Bumble is undergoing a major transformation, cutting 30% of its workforce—about 240 employees—as it realigns operations to prioritize product and technology development. The Bumble layoffs, revealed in a securities filing on June 25, 2025, mark a strategic move aimed at optimizing execution and regaining momentum after recent financial challenges. The company anticipates annual savings of $40 million, most of which will be reinvested into enhancing its dating app platforms and user experience. Image Credits:Michael Nagle/Bloomberg / Getty Images This is Bumble’s second major round of layoffs in two years, following a 30% workforce reduction in February 2024. While job cuts are often seen as a red flag, the company’s stock actually jumped by 20% following the announcement, signaling investor confidence in the realignment strategy. The move comes at a critical time as competition in the online dating market intensifies and user en…