Match Group Announces First Quarter Results
1. New CEO Spencer Rascoff reports early positive traction in Q1 2025 financial results. 2. Match Group's reorganization aims for an integrated, product-focused company. 3. Revenue declined 3% year-over-year, with payers down 5% to 14.2 million. 4. New features launched on Tinder and Hinge target Gen Z users. 5. Planned 13% workforce reduction set for efficiency and cost savings.