Match Group Layoffs 2024: What to Know About the Latest MTCH Job Cuts
Match Group (NASDAQ: MTCH ) layoffs are a hot topic on Wednesday as the dating website operator is preparing to reduce its headcount due to demand changes. Match Group, the parent of popular dating app Tinder, is going to reduce its headcount by 6%.
Tinder owner Match cuts jobs
Match Group Inc (NASDAQ:MTCH)., the parent company of Tinder, plans to reduce its global workforce by 6% due to a decline in users paying for Tinder.
Match Group Q2 Earnings: The Likelihood Of Going Private Increases
Match Group reported Q2 earnings, with Hinge performing well while Tinder struggled. While revenue increased by single digits, the volume of paying users fell across the board with only Hinge reporting an increase in paying user volume. Match faces pressure from activist investors to improve performance and cut costs, else go private.
Compared to Estimates, Match Group (MTCH) Q2 Earnings: A Look at Key Metrics
Although the revenue and EPS for Match Group (MTCH) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Match Group (MTCH) Meets Q2 Earnings Estimates
Match Group (MTCH) came out with quarterly earnings of $0.48 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.48 per share a year ago.
Tinder parent Match sees ‘transformation' for the dating app, which has been losing users
Shares of Match Group rallied about 10% in the extended session Tuesday after the online-dating company said it sees a clear path for growth at Tinder, which has been losing users.
Tinder-parent Match forecasts quarterly revenue below estimates
Tinder-parent Match Group forecast third-quarter revenue below Wall Street estimates on Tuesday, anticipating weak discretionary spending on dating apps as its paying users decline.
Match Group (MTCH) to Post Q2 Earnings: What's in Store?
Match Group's (MTCH) second-quarter results will likely reflect strength in Tinder, Hinge and Azar. However, weakening demand in the United States might have been a concern.
Get Your Money Out of These 3 Social Media Stocks by 2025
The creation of social media has completely changed the way people live. People can text, call, and even Facetime friends and families from the other side of the world within a second.
Match Group (MTCH) Reports Next Week: What to Know Ahead of the Release
Match Group (MTCH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Activist Starboard took a stake in Match. Here are steps the investor may take to help lift shares
Starboard Value's plan to boost shareholder value at Match is thoughtful and complex.
Why Tinder-Parent Match Was a Top Stock in the S&P 500 Today
The online dating company behind Tinder, Hinge and OkCupid is having a great day after a years-long decline.
