The recent downturn in Bumble shares and the sobering quarterly revenue forecast have brought to the forefront the challenges facing the dating-app industry. Central to Bumble’s strategy for revitalization is a significant employee layoff, constituting 37% of its workforce, as part of CEO Lidiane Jones’s efforts to steer the company through sluggish user spending and stagnant innovation in the sector. The need for a comprehensive revamp of the dating-app experience has become...