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CEO of Match Group, announced 13% layoffs while touting a leaner structure and new AI-powered features at Tinder — reflecting ...
Match Group is conducting layoffs at the managerial level after a decline in its revenue made cost-cutting measures necessary ...
Match Group shares fell more than 6% on Thursday afternoon despite the company beating estimates on revenue and profit.
For the first quarter, the owner of Tinder, Hinge and OkCupid said profit fell to $117.6 million, compared with $123.2 ...
Rascoff also said he was cutting 13% of staff as part of his turnaround plan. Reviving Match Group won't be an easy task; there seems to broad-based fatigue with dating apps, as its declining user ...