Match Groupthe American company that owns dating apps like Tinder, OkCupid o Meetic will carry out a workforce adjustment that will affect 8% of its workforce globally, which will mean the departure of about 200 workersas announced by the multinational after presenting its annual accounts.
“We expect to reduce our global headcount in about 8%”announced the financial director of Match Group, Gary Swidler, during a conference with analysts after the publication of the multinational’s results.
In this sense, Match Group registered in 2022 an attributable net profit of $361.9 million (333 million euros), 30.3% more than in 2021.
On his side, the income of the company totaled in the year as a whole 3,189 million dollars (2,939 million euros), 6.9% more, including 1,794 million dollars (1,653 million euros) generated by Tinder.
However, the costs of Match Group in the year amounted to 2,673.8 million dollars (2,464 million euros), 25.5% more.
Between October and December, the company obtained an attributable net profit of 84.5 million dollars (78 million euros), compared to losses of 168.6 million dollars (155 million euros) in the same period of 2021, while that revenues fell by 2.5%, to 786 million dollars (724 million euros).
Facing the first quarter of 2023Match Group expressed confidence in achieving a revenue range of between 790 and 800 million dollars (728 and 737 million euros), with an adjusted operating profit of between 250 and 255 million dollars (230 and 235 million euros).
Match Group shares fell 9% after the company’s forecasts fell short of market consensus expectations.