As if to underline just how unstable today’s job market is, job-hunting platform Indeed has instituted a series of layoffs.
The company and Glassdoor, which are both owned by Japan’s Recruit Holdings Co., are cutting approximately 1,300 jobs as artificial intelligence takes a larger presence at the companies.
The move will also see the departure of Glassdoor CEO Christian Sutherland-Wong.
Two departments are affected: research and development, and people and sustainability. In a memo announcing the personnel cutbacks, Recruit CEO Hisayuki “Deko” Idekoba lauded the power of AI, writing “AI is changing the world, and we must adapt by ensuring our product delivers truly great experiences. Delivering on this ambition requires us to move faster, try new things, and fix what’s broken.”
Sutherland-Wong’s departure comes as Glassdoor, which offers employee reviews of businesses, will see its operations folded into Indeed.
The cuts follow another 1,000 layoffs at Indeed and Glassdoor in 2024 and about 2,200 in 2023. It’s unclear how many workers the companies will have remaining after this round.
