The lawsuit is going after the wrong party, says the 34-page filing. And if Bumble Bee were found liable, it said, so might every other company that sources product from foreign entities.

Bumble’s shares are up around 20% following the news of the job cuts. The company’s last round of layoffs was back in February 2024, when it cut 30% its workforce, impacting around 350 employees.

June 25, 2025 / 12:27 PM EDT / CBS News Bumble will lay off roughly 30% of its workforce, or 240 employees, according to a regulatory filing filed by the online dating company on Wednesday.