Tinder and Hinge Leave 2,500 Staffs In Suspense
Match Group CEO Gary Swindler has revealed axing some staffs due to loses after accounting for the annual loss.
Match Group the parent for dating apps Tinder and Hinge is expected to axe more than 2,500 employees and some part- time staffs.
The latest shake up has sent off 200 workers leaving others expecting to be axed in awe.
The company is scaling down it’s staffs to curb loses experienced from the previous year in order to account for profits.
At the end of March, 2023, Mr Swindler say 2,500 employees and 40 part- time employees will have exited the Match Group company.
Why the massive layoffs in tech industry? What’s the future relationship between human power and artificial power in technology?
Will people shun tech and focus on other things due to unexpected axe? Is Covid-19 to be laid blame on?
According to Sundar Pishai, CEO, Google, as he plan to axe some staffs based in Africa, says that the retrenchment done at San Francisco headquarters in USA was because of the investment in Open AI to reduce manpower.
Amazon another tech firm has massively left employees in suspense after closing a charity Amazon prime office and extensively laid off thousands of employees late 2022.
According to global tech statistical data analysis 2022, many tech firms by the end of 2023, February, will have done financial accountability and introduced new changes thus, staffs in tech industry to expect mass layoff.
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