<story><title>Grindr Loses Almost Half Its Staff on 2-Day RTO Requirement</title><url>https://www.bloomberg.com/news/articles/2023-09-07/grindr-loses-nearly-half-its-staff-to-strict-return-to-office-rule</url></story><parent_chain></parent_chain><comment><author>mjhay</author><text>Not sure that it&amp;#x27;s such a great business decision to lose almost half your staff, and probably moreso the higher-performing ones with other options. I&amp;#x27;m guessing that this was intended to reduce the headcount without paying severance, which sounds attractive to the average MBA brain with zero ability to think through long-term consequences.</text></comment>
<story><title>Grindr Loses Almost Half Its Staff on 2-Day RTO Requirement</title><url>https://www.bloomberg.com/news/articles/2023-09-07/grindr-loses-nearly-half-its-staff-to-strict-return-to-office-rule</url></story><parent_chain></parent_chain><comment><author>paxys</author><text>Grindr went public via a SPAC acquisition last November and has lost 90% of its value since. I&amp;#x27;m gonna go ahead and say it&amp;#x27;s a bad move to make RTO demands from your staff when they already see no future at the company and have one foot out the door.&lt;p&gt;The company&amp;#x27;s problems will be solved by better leadership, decision making, product vision, adaptability and faster execution...not more butts in seats at the office.</text></comment>