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Fortune

Paolo Confino

Bumble undergoes a CEO shakeup as recession fears make singles forego pricey dating apps and the company's stock tanks 80% in 2 years

Bumble Lidiane Jones Recession Slack Wolfe Herd Match Stewart Butterfield Whitney Wolfe Herd Economy Salesforce

Bumble founder and CEO Whitney Wolfe Herd (Credit: David Paul Morris—Bloomberg/Getty Images)

Bumble CEO Whitney Wolfe Herd will step down from the dating app she founded after its shares tumbled 83% since an initial public offering over two years ago.

Lidiane Jones, current CEO of workplace messaging tool Slack, will take over in January.

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