2 Cents: Tinder Lawsuit

Central PA Live

Tinder just fired multiple employees who were part of a lawsuit against the dating app’s parent companies.

In August, the co-founders of Tinder and several other employees filed a $2 Billion lawsuit against Match Group and IAC/Interactive Corp saying that the current owners manipulated the company’s valuation to deny them millions.

They say executives worked to have two small street banks undervalue Tinder in 2017 at $3 Billion, which was the same a valuation done 2 years earlier.

A company spokeswoman says this week’s decision to let go of multiple people came about because they were “unable to fulfill their job responsibilities”.

Those who lost their jobs are calling it retaliation.

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