All articles tagged with #indeed
Recruit Holdings is laying off about 1,300 employees from Indeed and Glassdoor as part of a restructuring to integrate Glassdoor into Indeed and focus more on AI-driven hiring solutions, affecting mainly U.S. staff across various divisions, with leadership changes including the departure of Glassdoor's CEO.
Indeed and Glassdoor are cutting over 1,300 jobs, mainly in research, development, and sustainability, with AI being a likely factor in the layoffs, as the parent company emphasizes AI's role in transforming hiring processes.
Indeed and Glassdoor, owned by Recruit Holdings, are cutting around 1,300 jobs to focus more on artificial intelligence and integrate Glassdoor's operations into Indeed to improve the hiring experience, with CEO Hisayuki Idekoba emphasizing AI's role in transforming their business.
Job search platform Indeed is set to lay off 2,200 employees, or 15% of its staff, due to the pandemic's impact on future job openings. CEO Chris Hyams said the cuts were made with human resources, legal, and diversity teams and that the company was "simply too big for what lies ahead." Hyams himself will take a 25% cut in base pay, and the company will institute additional cost-saving measures. Employees impacted will receive severance packages, including access to mental health services for a year.
Job-listing website Indeed.com will lay off around 2,200 employees, almost 15% of its workforce, due to the anticipated decline in job listings following the post-COVID boom. The layoffs will affect employees across all teams, functions, levels, and regions. The affected employees will receive a 16-week severance package and their regular paychecks until the end of March. The decision comes after Amazon announced its plan to cut around 9,000 employees, primarily from Amazon Web Services, People Experience and Technology, advertising, and Twitch.
Austin-based job site Indeed.com is laying off 2,200 employees, or roughly 15% of its global team, citing a cooldown in the overall job market and demand for its technology. The CEO said the cuts come as the job market continues to slow down following a recent boom. The company also will be instituting other cost-saving measures. The layoffs come amid a wider trend of layoffs in the technology industry.
Job listing platform Indeed has laid off 2,200 employees, which is 15% of its workforce, due to a cooling job market. Sponsored job volumes were down 33% YoY, and total job openings were down 3.5%. CEO Chris Hyams will take a 25% cut in base pay. The company is offering at least 16 weeks of base salary pay, compensation for accrued PTO, a cash payout for RSUs that haven’t vested, and access to career placement and mental health services.
Job listings site Indeed.com is laying off 2,200 people, or 15% of its headcount, citing broader economic pressures. CEO Chris Hyams broke the news to employees in an all-hands meeting on Wednesday morning, saying that the cuts would affect teams across the company. Employees whose jobs were cut were notified via email following the meeting.