Indeed, Glassdoor to cut 1,300 jobs amid AI integration, memo shows
JAPAN, JUL 10 – The 1,300 job cuts represent about 6% of the HR technology workforce as Recruit Holdings integrates Glassdoor into Indeed to prioritize artificial intelligence investments.
- Recruit Holdings announced on Thursday, 1,300 job cuts across its subsidiaries Indeed and Glassdoor, mostly in the U.S.
- The layoffs follow Recruit's strategic shift toward AI-driven hiring tools and aim to reduce manual labor costs in research, development, and sustainability teams.
- Indeed, a job search firm, will absorb Glassdoor’s employee review functions to streamline hiring, with about 6% of combined staff affected, reflecting broader AI-related workforce reductions.
- CEO Hisayuki Idekoba stated that AI is transforming the world, highlighting the importance of evolving the company's offerings to better serve both candidates and employers as AI-generated coding approaches 50%.
- These cuts imply a major transformation in HR technology, echoing wider industry trends where AI adoption pressures companies to streamline operations and reduce headcount globally.
Insights by Ground AI
Does this summary seem wrong?
32 Articles
32 Articles
All
Left
9
Center
12
Right
2
Glassdoor is cutting 1,300 jobs
The impact of artificial intelligence continues to ripple across the tech industry as Recruit Holdings, the parent of Indeed and Glassdoor, said in a press release on Friday that it would be laying off about 1,300 employees, or six percent of its workforce, between the two companies.In an internal memo sent to employees Thursday and seen by TechCrunch, Recruit Holdings CEO Hisayuki "Deko" Idekoba said that the company will focus on "simplifying …
·United States
Read Full ArticleCoverage Details
Total News Sources32
Leaning Left9Leaning Right2Center12Last UpdatedBias Distribution52% Center
Bias Distribution
- 52% of the sources are Center
52% Center
L 39%
C 52%
Factuality
To view factuality data please Upgrade to Premium