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Tinder owner Match Group cuts COO role
Match Group, owner of Tinder, will eliminate the chief operating officer role and Hesam Hosseini will leave after 18 years with the company.
Hosseini had been promoted to COO on April 1, 2025, and continued to hold his prior role as CEO of Evergreen & Emerging Brands.
The change comes under CEO Spencer Rascoff, who joined Match Group last year, after earlier leadership shifts including the exit of Gary Swidler, president, and cost-cutting layoffs aimed at saving US$100 million a year.
Hosseini’s employment agreement showed a US$635,000 base salary, a discretionary bonus, and other benefits, with a one-year term set to auto-renew on April 1, 2026 unless terminated earlier.
Match Group reported Q1 revenue of US$878 million and earnings per share of US$0.83, beating estimates, but guided its forecast for the year ahead to US$3.4–3.5 billion, below analyst expectations, and said it will roll out more AI features for Tinder.
Tinder plans a product event this month as the dating-app sector faces falling engagement among Gen Z and a shift toward in-person experiences.
🔗 Source: TechCrunch
🧠 Food for thought
Implications, context, and why it matters.
New CEO is dismantling Match Group’s old brand-silo structure
- CEO Spencer Rascoff removed the COO role as part of a restructuring meant to run Match Group “as one company, not brands that are managed independently” 1.
- Match Group is bringing functions like technology and media buying under one roof, moving away from its long-running approach of operating apps like Tinder as separate businesses 1.
- The changes follow Rascoff joining Match Group last year, plus earlier leadership moves that included the departure of Gary Swidler, president.
- Match Group also cut layers of management, including about one in five managers, after announcing layoffs intended to save US$100 million per year 2, 1.
Match Group’s AI push signals a shift away from swipe-first discovery
- Dating apps are testing features that go beyond the simple swipe approach that Tinder helped popularize.
- Match Group said Tinder will add more AI features, with a Tinder product event planned this month as the sector faces lower Gen Z engagement and more interest in in-person experiences.
- Match Group reported Q1 revenue of US$878 million and earnings per share of US$0.83, beating estimates, then guided annual revenue to US$3.4–3.5 billion, below analyst expectations.
- Match Group positions AI as a product upgrade, while the rollout lands alongside cost cuts and a reorganization that match a wider tech push for leaner structures and more AI in products 2.
Recent Match Group developments
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