“Everyone’s going to have to be adults in…,” Bumble CEO Whitney Wolfe Herd to ‘freaked out’ employees after announcing 30% layoffs

Whitney Wolfe Herd, Bumble CEO, faced staff backlash after announcing job cuts. More than 160 London roles were eliminated as part of a cost-cutting plan. Wolfe Herd cited declining revenues and the need to shift focus to the US. She expressed concern about the company’s future. The company will open a Silicon Valley office.