The dating app company is leaving the bombal 30 % staff, or one out of three employees.
A US Securities and Exchange Commission filing Submitted earlier this week, Bumbel revealed that it was lowering its global manpower by about 240 characters in the last half of the year.
The company is expected to spend $ 13 million to $ 18 million on pay and benefits to separate the affected employees. However, the company claims that the holiday will result in an annual cost saving up to 40 million. According to Filing, the Bombal plans to re -invest “the majority of these savings” in measures like “products and technology development”.
Last time the bumbal had a period of roofs January 2024When the company reduced its manpower by 30 %, or 350 employees.
Related: Daily routine of Bombal’s founder Woolf flock: Waking up and dialing meetings after taking his son to school at 5 in the morning
Bombal shares ended More than 20 % After reports of workforce decline.
In filing too, Bombal increased its income forecast for the current quarter. The dating app company updated its second quarter’s income from $ 244 million to $ 249 million, from $ 235 million to $ 243 million from the previous forecast.
Holidays after months of Bumbel’s founder Witni Wolf flock Returned As a CEO company. Wolf flock Established The app served as CEO in 2014 and from January 2020 to January 2024. Lydian Jones, who were Ago The CEO of the Workplace Messaging app Silk took over as the CEO of Bombal from January 2024 to March 2025.Personal causes“The Wolf Flower withdraws the company as CEO in March.
Wolf flock said in an interview last month, “Bombal needs me.” New York Times. “It has been very difficult to see him falling from his height.”
Related: Formerly the youngest self -made billionaire employees surprise with the entire week of holiday
In 2021 the Bombal arrived at the public level. Its market has fallen from Value 7 7.7 billion In the early 2021 61 661 million At the time of writing, the revenue of the lower consumer and low -paying consumers has decreased, which has reduced the app. Business Internal.
Bombal CEO Whitney Woolf Fook. Photographer: David Paul Morris/Bloomberg through Getty Images
Last month, Bombal issued it Recent income report For the first quarter of the year. The report was disappointing: Total revenue declined by 7.7 percent year -on -year to 247 million, with the revenue of the bombal app fell by 6.5 percent to $ 202 million, and the Bombable app dropped by 1 percent to 2.7 million consumers.
The Wolf Food assured investors in this report that the Bombal is on a fast way to return to a sustainable, long -term growth, which has “more quality and related matches for consumers.”
“Our path is clear ahead,” Wolf Food said in the report.
The dating app company is leaving the bombal 30 % staff, or one out of three employees.
A US Securities and Exchange Commission filing Submitted earlier this week, Bumbel revealed that it was lowering its global manpower by about 240 characters in the last half of the year.
The company is expected to spend $ 13 million to $ 18 million on pay and benefits to separate the affected employees. However, the company claims that the holiday will result in an annual cost saving up to 40 million. According to Filing, the Bombal plans to re -invest “the majority of these savings” in measures like “products and technology development”.
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