Overview
- Recruit Holdings announced the elimination of roughly 1,300 positions across its HR technology segment, representing about 6% of staff at Indeed and Glassdoor.
- The cuts will primarily impact U.S.-based research, growth, and people and sustainability teams but extend across multiple functions and regions.
- Glassdoor CEO Christian Sutherland-Wong will depart on October 1, and Indeed’s chief people officer LaFawn Davis will step down on September 1, to be succeeded by Ayano Senaha.
- The move follows rounds of reductions in March 2023 and May 2024 and reflects a wider industry push by tech firms to trim payrolls and fund AI investments as economic growth slows.
- CEO Hisayuki “Deko” Idekoba said the restructuring aims to accelerate product development by embedding generative AI into hiring processes and enhancing experiences for job seekers and employers.