BUSINESS INSIDER – Spencer Rascoff has reshaped Tinder over the past year, taking over from Faye Iosotaluno. He is reorganizing the company into smaller, flatter teams, and operating it more like a startup. At the same time, Justin McLeod and Hesam Hosseini have exited, with the COO role not being replaced. The shift comes as Match Group faces pressure, with its stock falling from ~$150 to $30 and removal from the S&P 500, while Tinder downloads declined from 61M in 2021 to 48Min 2025. Meanwhile, Hinge is growing and on track to become a billion-dollar business. Rascoff is focusing on Gen Z and pushing new features to reverse Tinder’s slowdown and re-energize the app.
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