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Match Group COO out, as dating apps struggle to connect with Gen Z
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Match Group COO out, as dating apps struggle to connect with Gen Z

#Match Group #Tinder #COO elimination #Gen Z #Dating apps #Spencer Rascoff #Hesam Hosseini #AI features

📌 Key Takeaways

  • Match Group eliminates COO position amid industry challenges with Gen Z users
  • Hesam Hosseini, an 18-year veteran, is leaving the company after recent promotion
  • The move follows leadership shakeup and cost-saving measures targeting $100 million in annual savings
  • Match Group reported Q1 earnings beat but lowered revenue forecast for the year
  • Tinder plans to host first-ever product event to address changing dating landscape

📖 Full Retelling

Match Group, the parent company of Tinder, announced on Thursday that it will eliminate the role of Chief Operating Officer, putting 18-year veteran Hesam Hosseini out of a job as the dating app industry struggles with burned-out users and declining popularity among Gen Z. The leadership restructuring comes amid broader changes at the dating app giant, which has seen its President Gary Swidler depart as part of cost-cutting measures aimed at saving $100 million annually. Hosseini, who had held the COO position since April 1, 2025, following an internal promotion, will continue serving as CEO of Evergreen & Emerging Brands but will no longer report directly to Match Group CEO Spencer Rascoff. Rascoff, the former Zillow co-founder who joined Match Group in February 2025, has been increasingly involved in company operations, with sources indicating that he and Hosseini had previously discussed whether the COO role was necessary for the company's current direction. The elimination of the COO position was planned as part of a reassessment of leadership needs, with Hosseini's employment agreement set to be renewed in April 2026 unless terminated earlier. Despite the leadership changes, Match Group reported stronger-than-expected first quarter results with revenue of $878 million and earnings per share of 83 cents, exceeding analyst estimates. However, the company lowered its revenue forecast for the year to $3.41 billion to $3.54 billion, below Wall Street's $3.59 billion expectation. In response to the changing dating landscape where many users are opting for real-world experiences over digital platforms, Tinder announced plans to host its first-ever product event this month to showcase new AI features and future roadmaps.

🏷️ Themes

Leadership Changes, Dating App Industry Challenges, Corporate Restructuring, Technology Innovation

📚 Related People & Topics

Match Group

American internet dating technology company

Match Group, Inc. is an American internet and technology company headquartered in Dallas, Texas. It owns and operates the largest global portfolio of popular online dating services including Tinder, Match.com, Meetic, OkCupid, Hinge, Plenty of Fish, Azar, and other dating global brands.

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Generation Z

Generation Z

Cohort born from 1997 to 2012

Generation Z, often shortened to Gen Z and informally known as Zoomers, is the demographic cohort succeeding Millennials and preceding Generation Alpha. Researchers and popular media use the mid-to-late 1990s as starting birth years and the early 2010s as ending birth years, with the generation typi...

View Profile → Wikipedia ↗

Dating app

Online dating service presented through a mobile phone application

An online dating application, commonly known as a dating app, is an online dating service presented through a mobile phone application. These apps often take advantage of a smartphone's GPS location capabilities, always on-hand presence, and access to mobile wallets. These apps aim to speed up the o...

View Profile → Wikipedia ↗
Tinder

Tinder

Combustible material used to ignite fire by rudimentary methods

Tinder is easily combustible material used to start a fire. Tinder is a finely divided, open material which will begin to glow under a shower of sparks. Air is gently wafted over the glowing tinder until it bursts into flame.

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Entity Intersection Graph

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Mentioned Entities

Match Group

American internet dating technology company

Generation Z

Generation Z

Cohort born from 1997 to 2012

Dating app

Online dating service presented through a mobile phone application

Tinder

Tinder

Combustible material used to ignite fire by rudimentary methods

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Original Source
Tinder-owner Match Group announced on Thursday that it will eliminate the role of Chief Operating Officer , putting Hesam Hosseini out of a job after 18 years with the dating app giant. The move comes as the dating-app industry is facing burned-out users and losing popularity among Gen Z . Hosseini had been in the COO role since April 1, 2025, after a promotion, and continued to hold his prior role of CEO of Evergreen & Emerging Brands. His elevation at Match Group followed a shakeup in internal leadership, which also saw Match Group President Gary Swidler leave the company amid other layoffs designed to save the company $100 million annually. These changes, including Hosseini’s departure, are taking place under Match Group CEO Spencer Rascoff, the former Zillow co-founder who joined Match Group in February of last year. No other leadership departures or layoffs were announced today. In his LinkedIn announcement, Hosseini celebrated his time at Match Group, saying he’s had “a front row seat to seeing our category grow into the number one way people find meaningful connection,” and that he’s confident in the future direction. Reached for comment, Match pointed to Hosseini’s public statement. A source familiar with Hosseini’s planned exit notes that Rascoff has been engaged in the company’s operations for some time, and the two executives had previously discussed whether or not the COO role was even needed for this chapter of the company. Per Hosseini’s employment agreement , he was paid a base salary of $635,000 with a discretionary cash bonus and other benefits. The one-year agreement was set to be automatically renewed on April 1, 2026, unless terminated prior to that date, indicating the plan was to reassess the need for the role after a year’s time. The move comes after the dating app maker reported an earnings beat in the first quarter, with revenue of $878 million and earnings per share of 83 cents, above estimates of $871 million and earnings per share of 70 c...
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