Tag: Layoff

BusinessStartupsTechnology

Tinder Undergoes Major Revamp to Win Back Gen Z Users Amid Growth Challenges

Tinder is undergoing a significant transformation under new Match Group CEO Spencer Rascoff, sources indicate. The dating app is accelerating product launches and restructuring teams to better appeal to Gen Z users amid declining downloads and increased competition.

Tinder’s Cultural Transformation Under New Leadership

Tinder is experiencing what company leaders describe as a “cultural reset” following the appointment of Spencer Rascoff as Match Group CEO, according to reports. The dating app, which has seen plateauing revenue and declining paying users, is undergoing significant operational changes aimed at reclaiming its position as the dominant platform for young daters.

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AIBusiness

Amazon Workforce Reductions Continue as Company Shifts Billions Toward AI Infrastructure

Amazon is reportedly preparing another significant round of layoffs, potentially affecting 15% of its HR department. This continues a trend of workforce reductions as the company redirects spending toward AI development and data center expansion.

Amazon Workforce Reductions Continue Amid AI Investment Push

Amazon workers could face additional significant layoffs with approximately 15% of the company’s human resources department potentially affected, according to reports from Fortune. Sources indicate that the People eXperience Technology team, which serves as Amazon’s HR division, is expected to be the most heavily impacted, though other consumer-facing business units may also see reductions.

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