in

Bumble founder-CEO Whitney Wolfe Herd to step down – WSJ

She will be succeeded by Lidiane Jones, CEO of Slack Technologies (NYSE:WORK), on Jan. 2, according to the report, which said that Wolfe Herd will remain as executive chair.

Bumble did not immediately respond to a Reuters request for comment. The report comes a day ahead of the company’s third-quarter earnings.

Bumble shares fell 1.5% in premarket trading. They have lost more than a third of their value so far this year.


Source: Economy - investing.com

US-Africa program should be extended through 2041, Senate Democrat says

Citigroup considers deep job cuts for CEO Jane Fraser’s overhaul, called ‘Project Bora Bora’