Match Group Announces First Quarter Results
1. New CEO Spencer Rascoff promotes efficiency and innovation for Match Group. 2. Planned 13% workforce reduction aims for $100M+ in annualized savings. 3. Q1 2025 revenues declined 3% Y/Y, with 14.2 million payers. 4. New Tinder features target younger users with low-pressure experiences. 5. Financial outlook shows expected revenue decline for Q2 2025.