Indeed and Glassdoor Slash 1300 Jobs, Betting Big on AI

Recruit Holdings, the Japanese parent company of Indeed and Glassdoor, is cutting approximately 1,300 jobs globally. This restructuring aims to streamline operations and accelerate the companies' shift towards artificial intelligence. The majority of job losses will impact US-based employees, particularly within R&D and people/sustainability teams. While no specific reason was given, the CEO cited AI's transformative impact on the industry as a catalyst for change, emphasizing the need to adapt and deliver superior user experiences.