Thursday, May 8, 2025, 9:20 am
In a strategic restructuring aimed at streamlining operations, Match Group announced a 13% workforce reduction. Despite the layoffs, the company forecasts revenue above expectations, underscoring efforts to optimize costs in a fiercely competitive digital dating arena.
Dating app giant Match Group is laying off 13% of its staff as part of a reorganization that aims to reduce costs and simplify its organizational structure.
Tinder parent Match cuts 13% of workforce, forecasts revenue above estimates Reuters
permalink / 2 stories from sources in 3 hours ago #earnings #business #recession #jobs
In an unexpected policy pivot, officials have scrapped the stringent Biden-era AI chip export rules, labelling them “unenforceable.” The new, simplified framework is drawing praise from industry giants like Nvidia and is expected to streamline export negotiations while still keeping a wary eye on competitor markets. More...
Japan’s tech giant is poised to take NTT Data private in a multi–billion-dollar deal, with figures hovering between $16.4 billion and $20 billion. The move, framed as part of an AI pivot, hints at sweeping corporate realignments in the tech industry, leaving investors both awed and amused by the audacity of the numbers. More...
OpenAI has confirmed the arrival of Instacart CEO Fidji Simo, who will head its applications business. This high-profile recruitment marks a decisive move to scale operations in the competitive AI landscape—proving that when it comes to leadership talent, even the formerly food-focused can venture into digital delicacies. More...
Apple is reportedly planning to introduce AI search capabilities into Safari, a move that has sparked a war of words with Google over alleged declines in search traffic. Senior VP Eddy Cue’s remarks—later publicly challenged by Google—signal a new era in browser competition, blending innovation with industry drama. More...
Google Maps has rolled out a Gemini AI-powered upgrade that scours your iPhone screenshots for location cues, automatically compiling them into a curated list. Travelers get to rediscover forgotten dining spots or hidden gems, while privacy enthusiasts may wonder if they’ve just turned their photo gallery into a digital treasure map. More...
Arm Stock Falters on Weak Forecast Amid Sales Milestone (17 hours ago)
CrowdStrike Announces Global Workforce Reduction to Drive Efficiency (26 hours ago)
Apple Watch Sales Falter Amid Lack of New Models (26 hours ago)
Instacart CEO Joins OpenAI for Strategic Application Leadership (9 hours ago)
Google implements global business unit layoffs amid restructuring moves (16 hours ago)
Arm Stock Falters on Weak Forecast Amid Sales Milestone (17 hours ago)
US April Jobs Report: Conflicting Growth Figures Stir Labor Market Debate (6 days ago)
US Jobless Claims Data Shows Unexpected Surge and Economic Uncertainty (7 days ago)
Instacart CEO Joins OpenAI for Strategic Application Leadership (9 hours ago)
Google implements global business unit layoffs amid restructuring moves (16 hours ago)
CrowdStrike Announces Global Workforce Reduction to Drive Efficiency (26 hours ago)
Disclaimer: The information provided on this website is intended for general informational purposes only. While we strive for accuracy, we do not guarantee the completeness or reliability of the content. Users are encouraged to verify all details independently. We accept no liability for errors, omissions, or any decisions made based on this information.