Match Group Coo Out, As Dating Apps Struggle To Connect With Gen Z

Tinder-owner Match Group announced connected Thursday that it will destruct nan domiciled of Chief Operating Officer (COO), putting Hesam Hosseini retired of a occupation aft 18 years pinch nan making love app giant. The move comes arsenic nan dating-app manufacture is facing burned-out users and losing fame among Gen Z.

Hosseini had been successful nan COO domiciled since April 1, 2025, aft a promotion, and continued to clasp his anterior domiciled of CEO of Evergreen & Emerging Brands. His elevation astatine Match Group followed a shakeup successful soul leadership, which besides saw Match Group President Gary Swidler time off nan institution amid different layoffs designed to prevention nan institution $100 cardinal annually.

These changes, including Hosseini’s departure, are taking spot nether Match Group CEO Spencer Rascoff, nan erstwhile Zillow co-founder who joined Match Group successful February of past year. No different activity departures aliases layoffs were announced today.

Hesam Hosseini

In his LinkedIn announcement, Hosseini celebrated his clip astatine Match Group, saying he’s had “a beforehand statement spot to seeing our class turn into nan number 1 measurement group find meaningful connection,” and that he’s assured successful nan early direction. Reached for comment, Match pointed to Hosseini’s nationalist statement.

A root acquainted pinch Hosseini’s planned exit notes that Rascoff has been engaged successful nan company’s operations for immoderate time, and nan 2 executives had antecedently discussed whether aliases not nan COO domiciled was moreover needed for this section of nan company.

Per Hosseini’s employment agreement, he was paid a guidelines net of $635,000 pinch a discretionary rate prize and different benefits. The one-year statement was group to beryllium automatically renewed connected April 1, 2026, unless terminated anterior to that date, indicating nan scheme was to reassess nan request for nan domiciled aft a year’s time.

The move comes aft nan making love app shaper reported an earnings hit successful nan first quarter, pinch gross of $878 cardinal and net per stock of 83 cents, supra estimates of $871 cardinal and net per stock of 70 cents. However, nan company’s forecast for nan twelvemonth up fell short of estimates, pinch expectations of $3.41 cardinal to $3.54 billion in revenue, erstwhile Wall Street was estimating $3.59 billion. The institution said it was besides readying to rotation retired much AI products and features for its flagship app Tinder.

Tinder is readying to big its first-ever merchandise arena this period to show disconnected caller features and dive into its early roadmaps. The arena is meant to reassure investors that nan institution has a scheme to reside nan revamped making love app landscape, which sees galore users opting retired of making love apps altogether successful favour of real-world experiences.