Match Group, the global online dating powerhouse, has announced plans to reduce its workforce by 13%, equating to roughly 325 positions. This move is part of a broader restructuring effort intended to trim costs, enhance operational efficiency, and simplify its organizational structure.
According to an annual regulatory filing, Match Group employed approximately 2,500 people as of December 2024. As part of the restructuring, the company is also eliminating a number of previously open positions.
The reorganization specifically targets reductions in management layers, impacting around 20% of managerial roles. Additionally, Match Group aims to centralize several major operational functions, including technology and data services, customer service and content moderation, media purchasing, and international marketing and go-to-market strategies.
CEO Spencer Rascoff, who joined the company in February, emphasized the goal of operating more cohesively as a unified company rather than as independently managed brands. Match Group’s portfolio consists of popular dating platforms such as Tinder, Hinge, Match.com, Meetic, OkCupid, Plenty of Fish, and OurTime.
This latest move is anticipated to generate significant cost savings for the company, amounting to over $100 million annually moving forward, including around $45 million saved during 2025 alone.
Match Group’s financial results for the first quarter showed revenues were down 3% year-on-year, totaling approximately $831.2 million. The decline was largely due to a 5% decrease in paying users and subscribers. Net income also slipped, falling 4.6% from a year earlier to $117.6 million.
