[Asia Economy Reporter Cho Hyun-ui] Bumble, the American dating app that made a spectacular debut on the New York Stock Exchange (NYSE) earlier this year, is granting all employees one week of paid leave.
On the 22nd (local time), U.S. economic media CNBC reported, "Whitney Wolfe Herd, founder and CEO of Bumble, has decided to give paid leave to about 700 employees worldwide this week."
ABC News explained, "This measure was taken as employees, stressed from overwork during the pandemic, fell into burnout."
Employees welcomed the move. Claire O'Connor, Bumble's head of content editing, tweeted, "They accurately recognized employee burnout," adding, "This is a huge deal in the U.S., where vacations are relatively scarce."
Bumble experienced rapid growth last year due to the COVID-19 pandemic. As more people used dating apps at home during remote work, the number of users surpassed 100 million, and the company was listed on the Nasdaq market in February.
Accordingly, Herd joined the ranks of trillion-won billionaires at the youngest age. According to Forbes, she is the youngest self-made billionaire who did not inherit wealth and is also the youngest female CEO in the U.S. to have taken a company public (IPO).
Herd, who was Tinder's vice president of marketing, left the company after filing a lawsuit against it, citing sexual harassment and discriminatory culture within the company. She then founded Bumble, a women-first dating app.
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