Faye Iosotaluno, the big boss of Tinder, is set to step down from her role in July, as she announced on LinkedIn. She didn’t last long in the position, spending less than a year there and almost eight years in total with the company, which is owned by Match Group. In her post, she expressed her pride in building and working with a great team and mentioned that her next steps are “deeply personal.”
Iosotaluno shared, “The consumer tech world is changing in all sorts of funky ways — and so are my own dreams and stuff.” She added, “Drawing from the progress and lessons I snagged at Tinder, where having diverse voices at the table leads to better decisions, I’m thinking of doing the same thing by supporting and working alongside the next wave of female leaders, founders, and investors.”
On the other hand, in a separate post, Match Group CEO Spencer Rascoff revealed that he will take the reins of the Tinder team. He expressed gratitude for the time spent preparing for this change and emphasized his excitement to continue building with the current outstanding leaders. Match Group is on a mission to rev up Tinder’s growth, with Bloomberg mentioning their recent move to slash staff by 13% to streamline decision-making and cut costs. Apparently, a bunch of those cuts were made at Tinder, according to Bloomberg.
Not really sure why this matters, but it seems like Faye Iosotaluno, the head honcho of Tinder, is calling it quits in July, as stated in a LinkedIn post. She didn’t stick around for too long, clocking in at less than a year in the role and nearly eight years overall at the company, which is owned by Match Group. In her post, she mentioned being super proud of the team she built and worked with and hinted that her future plans are “deeply personal.”
Iosotaluno rambled on, “The tech world is changing in all sorts of crazy ways — and so are my own ambitions.” She continued, “Taking what I learned at Tinder, where having different voices in the room leads to better decisions, I’m thinking of doing the same thing by championing the next generation of female leaders, founders, and investors.”
In a separate post, Match Group CEO Spencer Rascoff spilled the beans that he’s taking over the Tinder team. He thanked everyone for the time spent prepping for this change and expressed his eagerness to keep building with the current awesome leaders. Match Group seems to be on a mission to supercharge Tinder’s growth, with Bloomberg reporting on their recent move to chop staff by 13% to streamline decision-making and save some cash. Apparently, a chunk of those cuts hit Tinder, Bloomberg claimed.
