The bait reduces 30 % of the workforce, affecting 240 employees amid restructuring

Bumble Inc. On Wednesday it will reduce its operating power by 30 %.

“This step comes at a time when the dating applications company seeks to reorganize the operating structure” to improve implementation on its strategic priorities. ”

Almost 240 people will lose Their functions In planning workers planned.

CEO and founder Whitney Wolf Hurd He said in a letter to employees that the company needs to “take decisive measures to restructure to build a flexible, brief and ready company for the next contract.”

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The bird must become a “faster, more decisive and flexible” organization while “setting priorities Creating the primary product Treating great opportunities in how to form technology in human communication “and” returning to the first members ’approach and investing in the health of members,” she said.

It is expected to have fees from 13 to 18 million dollars from accusing employees, benefits and other relevant fees in terms of large demobilization. This will greatly happen in the third and fourth quarters of this year.

“Segresult” and “transitional support” will receive from the company, according to HERD.

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“These decisions have not been taken lightly, and we are very grateful for the contributions of each employee affected. Our focus is now on moving forward in a way that strengthens our basic work, continues to serve our members effectively, and puts us in future growth,” said a spokesman for Bumple Fox Business.

Discounts in jobs will lead to annual savings of $ 40 million. The company said in the SEC file that most of this will go to “strategic initiatives, including the development of products and technology.”

Bumble also said that he is now expecting a dating app. Short revenue Between 244 million dollars and 249 million dollars for the second quarter. It is expected that the profits before interest, taxes, destruction and consumption will reach for a period of three months, at the same time, between 88 million dollars and 93 million dollars.

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In the first quarter, its revenues were decreased annually to 247.1 million dollars.

Bumble’s Stable of Apps apps the same name, Bumble for Friends, Badoo and Geneva. In February, the company said it closed two applications, Volz and the official, something he said would be completed in the first six months of this year.

The company had a total of four million users paying at the end of the first quarter.