-
Posted by
Two Blokes Jun 25 -
Filed in
Stock
-
2 views
Shares of Bumble Inc (NASDAQ:BMBL) jumped 20% on Wednesday after the dating app operator said it would cut roughly 30% of its global workforce in a bid to streamline operations and reinvest in core initiatives. The layoffs will affect about 240 employees and are expected to generate up to $40 million in annual cost savings, Bumble said in a statement.
