US EditionIndeed, Glassdoor to cut 1,300 jobs amid AI integration, memo shows
UNITED STATES, JUL 10 – Recruit Holdings will cut about 6% of its HR technology workforce to focus on AI, merging Glassdoor into Indeed and reshaping recruitment services globally.
- 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.
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Indeed CEO sparks backlash after announcing unexpected company shift: 'Hiring is still too slow and too hard'
Indeed has joined the ranks of employers slashing jobs as they further integrate AI into their businesses, HR Dive reported. The cuts involved roughly 1,300 roles in the company's HR technology segment. In a statement, the company said its aim was to "simplify hiring by building a better job seeker and employer experience using AI," per HR Dive. What's happening? Recruit Holdings, parent company of Indeed and Glassdoor, announced the layoffs al…
UK university graduates are facing their toughest job market since 2018 as companies use artificial intelligence (AI) to cut costs. The number of jobs advertised for recent graduates has fallen by 33% compared to last year, the lowest in seven years, according to data from job search site Indeed.
Indeed and Glassdoor will fire 1,300 employees due to a restructuring of the parent company that increasingly uses Artificial Intelligence (IA)
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