Bumble

How it happened

Bumble operates the women-first dating app of the same name and went public in 2021 at a valuation above $8B, with shares debuting around $43. Slowing user growth, intensifying competition, and weakening monetization drove the stock down to roughly $3.26 by 2026, cutting its market cap to about $0.42B — a fall of roughly 95%. Glassdoor reviews from the decline describe the churn that came with it: a C-suite that turned over almost annually, strategy reset every few months under each new leadership team, back-to-back layoff rounds that employees put at roughly 30% apiece in 2024 and 2025, and once-generous perks pared back year after year as morale slid with the stock.

Employee accounts paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗. See our methodology.