Indeed, Glassdoor Parent Slashes 1,300 Jobs, Pivots to AI
Summary
Recruit Holdings, parent of Indeed and Glassdoor, cuts 1,300 jobs or 6% of its HR tech workforce, mainly in the U.S., pivoting towards AI integration as the CEO cites AI's transformative impact requiring adaptation.
Key Points
- Recruit Holdings, the parent company of Indeed and Glassdoor, cuts around 1,300 jobs across the two job sites.
- The layoffs represent about 6% of the HR technology segment workforce and are mostly in the U.S.
- The company shifts its focus towards artificial intelligence (AI) integration, with the CEO stating that AI is changing the world and they must adapt.