Match Group announces planned 13% workforce reduction

Match Group (MTCH) on Thursday announced a reorganization aimed at creating a more integrated, product-led company focused on accelerating innovation, improving execution, and delivering better outcomes for users. “This shift supports Match Group’s commitment to leading the future of meaningful connection – one that’s more authentic, lower-pressure, and aligned with how people, especially Gen Z, choose to connect today,” Match said in a statement. Through these changes, Match Group is becoming a flatter, more nimble organization – with fewer layers, more empowered teams, and a clearer line of sight to execution. The company announced a planned 13% workforce reduction and centralized key functions – including select technology & data services, customer care and content moderation, media buying, and international go-to-market functions – to reduce duplication and unlock scale. These decisions reinforce a broader commitment to focus, speed, and long-term growth, positioning Match Group to deliver more impact with greater efficiency across its multi-brand portfolio. “Match Group is the clear global leader in creating meaningful connections, and today’s changes will allow us to realize the full benefits of our scale. We are breaking down business silos, improving company-wide communication and collaboration, and unleashing efficiencies and innovation. The ultimate beneficiaries of these changes will be the tens of millions of users who rely on our apps to spark meaningful connections,” the company said said.