Match Group Layoffs
Industry Consumer · Location New York City · United States · Subscribe (RSS)
Match Group has 3 publicly reported layoff rounds on record between February 1, 2023 and May 8, 2025. A total of about 325 employees were affected across these rounds.
Layoff history
Match Group announced on May 8, 2025 that it would cut 325 employees, or 13% of its global workforce, as new CEO Spencer Rascoff moved to overhaul a company struggling with subscriber losses. Paid users fell 5% year-over-year to 14.2 million in Q1 2025, with Tinder subscriptions dropping 7% even as Hinge grew 23%. Q1 revenue slipped 3% to $831.2 million and net profit fell to $117.6 million. Rascoff, who took over in February 2025, said the restructuring was designed to make Match operate as one integrated company rather than a collection of independently managed brands. Centralizing technology, customer care, media buying, and international go-to-market functions was expected to eliminate duplication and generate more than $100 million in annualized savings, with roughly $45 million of that flowing through in 2025. About one in five managers was affected by the cuts.
Reason: Subscriber decline and organizational restructuring under new CEO
Source: bloomberg.com
Match Group disclosed a workforce reduction affecting its New York City operations in July 31, 2024.
Source: techcrunch.com
Match Group disclosed a workforce reduction affecting its New York City operations in February 1, 2023.
Source: bloomberg.com
Data for Match Group is compiled from public WARN Act filings and reporting linked above. See our methodology.