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I can't even imagine how a simple product such as theirs would even require 350 employees to operate it

It's Parkinson's Law...

The more people you have, the more managers you have, the more you need to communicate, the more people you need. It's a death spiral

90% of business activities are generic, duplicated effort. Engineers, product managers, marketing directors, and executive oversight are just about the only essential, less replaceable functions.

A common failure of most businesses is when they become a pyramid-building enterprise with the inertia of an aircraft carrier powered by oars.

Small teams of can get shit done-ers should expand slowly with continued success, and broken up before they get too big to stay nimble with the support of a common platform of business functions. Virgin Group was the best example of this.

Not surprised. I am not a fan of their app-- barely had any matches, yet I regularly have several matches on other dating apps (Hinge, Tinder).

There are apparently some inefficiencies going on their application design or business model-- which I glean merely as a former user of Bumble.

I recently deleted it.

Are you aware of rules 1 and 2?

Bumble Laying Off 37%