Bumble, the dating app company, is set to lay off approximately one-third of its staff as the company faces challenges. This decision comes after a period of significant growth for Bumble, during which its founder achieved billionaire status following the company's IPO on the US stock market. The restructuring aims to streamline operations and improve efficiency as the dating app market becomes increasingly competitive. The specific roles and departments affected by the layoffs have not been disclosed, but the move signals a strategic shift for the company as it navigates evolving market dynamics.