7:36 AM PST · March 5, 2026
Tinder-owner Match Group announced connected Thursday that it volition destruct the relation of Chief Operating Officer (COO), putting Hesam Hosseini retired of a occupation aft 18 years with the dating app giant. The determination comes arsenic the dating-app manufacture is facing burned-out users and losing popularity among Gen Z.
Hosseini had been successful the COO relation since April 1, 2025, aft a promotion, and continued to clasp his anterior relation of CEO of Evergreen & Emerging Brands. His elevation astatine Match Group followed a shakeup successful interior leadership, which besides saw Match Group President Gary Swidler permission the institution amid different layoffs designed to prevention the institution $100 cardinal annually.
These changes, including Hosseini’s departure, are taking spot nether Match Group CEO Spencer Rascoff, the erstwhile Zillow co-founder who joined Match Group successful February of past year. No different enactment departures oregon layoffs were announced today.
Hesam HosseiniIn his LinkedIn announcement, Hosseini celebrated his clip astatine Match Group, saying he’s had “a beforehand enactment spot to seeing our class turn into the fig 1 mode radical find meaningful connection,” and that he’s assured successful the aboriginal direction. Reached for comment, Match pointed to Hosseini’s nationalist statement.
A root acquainted with Hosseini’s planned exit notes that Rascoff has been engaged successful the company’s operations for immoderate time, and the 2 executives had antecedently discussed whether oregon not the COO relation was adjacent needed for this section of the company.
Per Hosseini’s employment agreement, helium was paid a basal wage of $635,000 with a discretionary currency bonus and different benefits. The one-year statement was acceptable to beryllium automatically renewed connected April 1, 2026, unless terminated anterior to that date, indicating the program was to reassess the request for the relation aft a year’s time.
The determination comes aft the dating app shaper reported an earnings bushed successful the archetypal quarter, with gross of $878 cardinal and net per stock of 83 cents, supra estimates of $871 cardinal and net per stock of 70 cents. However, the company’s forecast for the twelvemonth up fell abbreviated of estimates, with 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.
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Tinder is readying to big its first-ever merchandise lawsuit this period to amusement disconnected caller features and dive into its aboriginal roadmaps. The lawsuit is meant to reassure investors that the institution has a program to code the revamped dating app landscape, which sees galore users opting retired of dating apps altogether successful favour of real-world experiences.
Sarah has worked arsenic a newsman for TechCrunch since August 2011. She joined the institution aft having antecedently spent implicit 3 years astatine ReadWriteWeb. Prior to her enactment arsenic a reporter, Sarah worked successful I.T. crossed a fig of industries, including banking, retail and software.
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