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Dating App Giant Match Group is swiping left on 13% of its staff as part of a reorganization

that aims to reduce costs, shore up margins, and streamline its organizational structure.

The layoff would mean about 325 employees won't be asked for a second date based on the

2,500 employees match had as of December 2024 per its annual filing.

Open roles are also being closed.

The reorganization is meant to reduce management layers with about 1 and 5 managers affected

and centralized key functions, including technology and data services, customer care,

and content moderation, media buying, and international go-to-market functions, including technology and data services, customer care, and content moderation,

media buying, and international go-to-market functions, the company said.

Spencer Raskoff, who came on board as CEO in February, said in a statement that the move

...