Indeed and Glassdoor Cut 1,300 Jobs Amid AI Integration and Consolidation

Indeed & Glassdoor Lay Off 13K Workers, Blame AI

The move follows the website's parent company revealing plans to shift the majority of its coding to AI, joining firms like Microsoft and Google. Amid a clear majority of Americans harboring concerns about the impact of AI on their jobs, the parent company of jobsite Indeed and employer review website Glassdoor has laid off 13,000 employees -- and it's blaming at AI. In an email to employees sent earlier this week, spotted by CBS News, Recruit Holdings CEO Hisayuki Idekoba said that "AI is changing the world" and that his company "must adapt." The round of cuts represents roughly 6% of the Japanese holding company's workforce. The writing may well have been on the wall for employees. The CEO gave a presentation at a conference hosted by JPMorgan earlier this year, where he discussed how AI would overhaul his company in coming years. In the fireside chat, Idekoba said that "one-third" of the code at his company was soon to be written by AI, predicting it was "going to be 50% pretty soon." Many of the CEO's predictions could be gloomy for HR professionals across the planet. He explained that the "$300 billion-plus industry" includes a 60% to 65% "human labor manual cost," much higher than other comparable large industries. He pointed to the potential of AI to reduce this huge volume of manual work. The news comes as tech giants like Microsoft and Google are also pushing for the majority of code produced at their companies to be written by AI in the near future. According to its latest internal data, 50% of all code at Google is now originally written by AI, while former CEO Eric Schmidt is urging employees to work 50-hour weeks to push its AI ambitions even further. Meanwhile, Microsoft's latest internal statistics suggest that 30% of its code is now written by AI tools, with plans to push this number to 60% in the near future. Microsoft founder Bill Gates recently predicted that humans eventually won't be needed "for most things," suggesting only niche jobs like pro baseball may be safe. Meanwhile, he warned, traditional careers like medicine and teaching could be at risk.

Indeed and Glassdoor Lay Off 1,300 Workers, Blame AI

Amid a clear majority of Americans harboring concerns about the impact of AI on their jobs, the parent company of jobsite Indeed and employer review website Glassdoor has laid off 1,300 employees -- and it's blaming at AI. In an email to employees sent earlier this week, spotted by CBS News, Indeed and Holdings CEO Hisayuki Idekoba said that "AI is changing the world" and that his company "must adapt." The round of cuts represents roughly 6% of Recruit Holdings' HR Technology segment workforce. The writing may well have been on the wall for employees. The CEO gave a presentation at a conference hosted by JPMorgan earlier this year, where he discussed how AI would overhaul his company in coming years. In the fireside chat, Idekoba said that "one-third" of new code at his company was soon to be written by AI, predicting it was "going to be 50% pretty soon." Many of the CEO's predictions could be gloomy for HR professionals across the planet. He explained that the "$300 billion-plus industry" includes a 60% to 65% "human labor manual cost," much higher than other comparable large industries. He pointed to the potential of AI to reduce this huge volume of manual work. The news comes as tech giants like Microsoft and Google are also pushing for the majority of code produced at their companies to be written by AI in the near future. According to its latest internal data, 50% of all code at Google is now originally written by AI, while former CEO Eric Schmidt is urging employees to work 50-hour weeks to push its AI ambitions even further. Meanwhile, Microsoft's latest internal statistics suggest that 30% of its code is now written by AI tools, with plans to push this number to 60% in the near future. Microsoft founder Bill Gates recently predicted that humans eventually won't be needed "for most things," suggesting only niche jobs like pro baseball may be safe. Meanwhile, he warned, traditional careers like medicine and teaching could be at risk.

1,300 Indeed and Glassdoor staff laid off

No reason given for the 6% cull, but the CEO has previously talked up AI taking jobs Recruit Holdings, the Japanese job site conglomerate that owns recruitment job site Indeed and employer reviewer Glassdoor, has eliminated about 1,300 positions. In an announcement on Friday, the business said it was cutting staff. CEO Hisayuki "Deko" Idekoba reportedly told employees in an email on Thursday that Glassdoor's operations will be folded into Indeed, and Glassdoor's CEO Christian Sutherland-Wong will step down from his role. The research and development divisions are going to be hit hard and the cuts are worldwide. "The HR Technology segment of Recruit Holdings Co., Ltd., which operates Indeed and Glassdoor, announced a reduction of approximately 1,300 employees, representing about 6 percent of the segment's total workforce as of April 1, 2025," reads the official statement. While the specific divisions to be losing staff were not named, this could be another case of AI eating jobs - or using AI as a convenient excuse to reverse overhiring. In May, Idekoba told [PDF] the JPMorgan Chase's 53rd Annual Global Technology, Media, and Communications conference that AI was going to be key to replacing staff - ironically boosting demand for his websites. "We're going to have more agentic experience for employers and job seekers and to improve our internal productivity. I have been saying, almost every team, 'Hey, you guys need to rethink and redesign all operations from scratch with AI. How can you redesign it?'" he opined. "For example, one-third of our programming codes are written by AI now. It's going to be 50 percent pretty soon. Meaning, we need to have a good vision. Two years later, even the next year, how we are going to work with AI. That should be the center of our new design. AI change is big." Based on his statements, then, engineers will have it particularly tough. Hiring demand for coders has dropped off 35 percent since the pre-COVID levels of 2019, he explained. ®

Indeed, Glassdoor to Cut 1,300 Jobs in AI-Focused Consolidation

Indeed and Glassdoor -- both owned by the Japanese group Recruit Holdings Co. -- are cutting roughly 1,300 jobs as part of a broader move to combine operations and shift more focus toward artificial intelligence. The cuts will mostly affect people in the US, especially within teams including research and development and people and sustainability, Recruit Holdings Chief Executive Officer Hisayuki "Deko" Idekoba said in a memo to employees. The company didn't give a specific reason for the cuts, but Idekoba said in his email that "AI is changing the world, and we must adapt by ensuring our product delivers truly great experiences."

Indeed, Glassdoor to cut 1,300 jobs amid AI integration, memo shows

July 10 (Reuters) - Recruit Holdings (6098.T), opens new tab, the Japanese parent of Indeed and Glassdoor, will reduce headcount by around 1,300 across the two job sites amid a shift in focus toward artificial intelligence, according to a memo seen by Reuters on Thursday. The cuts -- representing about 6% of the HR technology segment workforce -- are mostly in the U.S. and within the research and development, growth, and people and sustainability teams, but span all functions and several countries, the memo said. While the company did not provide a specific reason for the layoffs, Recruit CEO Hisayuki "Deko" Idekoba said "AI is changing the world, and we must adapt by ensuring our product delivers truly great experiences for job seekers and employers". U.S. companies, including tech giants Meta and Microsoft, have announced job cuts recently to prioritize AI investments as well as to navigate slowing economic growth. Recruit also said it would integrate Glassdoor operations into Indeed. As a result of which, Glassdoor CEO Christian Sutherland-Wong would leave the company, effective October 1. LaFawn Davis, chief people and sustainability officer of Indeed, will also step down effective September 1, and will be succeeded by Ayano Senaha, chief operating officer of Recruit. Recruit, which acquired Indeed in 2012 and Glassdoor in 2018, currently has 20,000 employees in the HR technology business unit. In 2024, Indeed announced plans to eliminate 1,000 positions. This followed a previous announcement a year earlier, when the company said it would cut about 2,200 jobs, representing 15% of its staff. Reporting by Kritika Lamba in Bengaluru; Editing by Shilpi Majumdar Our Standards: The Thomson Reuters Trust Principles., opens new tab Suggested Topics:World at Work

Indeed and Glassdoor are cutting more than 1,000 jobs

Job-hunting platforms Indeed and Glassdoor are cutting their workforce, and it may be thanks to good old artificial intelligence. About 1,300 jobs from the companies will be eliminated, mostly in two departments: research and development, and people and sustainability. There will also be some executive shuffles, including the exit of Glassdoor CEO Christian Sutherland-Wong. Both services are owned by Japan-based Recruit Holdings Co. and its President and CEO Hisayuki "Deko" Idekoba announced the layoffs in a memo. It doesn't appear that any specific reasons were given for the consolidation. However, Idekoba did enthuse about the importance of AI in the missive, which likely didn't make any of the impacted employees feel any better. "AI is changing the world, and we must adapt by ensuring our product delivers truly great experiences," he wrote. "Delivering on this ambition requires us to move faster, try new things, and fix what's broken." Idekoba is already on the books as a proponent of AI use in job searching and hiring. "Hiring is still too slow and too hard, and we're using AI to make it simpler and more personal -- for both job seekers and employers," he said when taking over as CEO of Indeed last month. Ironically, he assumed leadership of Indeed when former CEO Chris Hyams left in order to help tackle the "urgent issues" in developing responsible AI tools.

Indeed and Glassdoor lay off 1,300 workers due to AI

Serving tech enthusiasts for over 25 years. TechSpot means tech analysis and advice you can trust. A hot potato: While plenty of companies are laying off workers as a direct result of AI, most of them tip-toe around the connection - or fail to mention it entirely. Not Indeed and Glassdoor's parent, which is laying off around 1,300 people at the firms because "AI is changing the world" - often not for the better, it seems. Recruit Holdings, the Japanese parent company of job search and employee review giants Indeed and Glassdoor, is cutting around 6% of its HR Technology segment workforce. In an email sent to employees on Thursday, Recruit Holdings CEO Hisayuki "Deko" Idekoba praised the miracle of AI - as so many CEOs and execs love to do. "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," he wrote. The cuts are targeting the two companies' research and development as well as the people & sustainability teams in the US, though other areas and regions will be affected. The move will also see the Glassdoor CEO Christian Sutherland-Wong departing. Recruit Holdings is one of many companies to announce it would be investing heavily in AI - at the cost of human workers. During a fireside chat hosted by JPMorgan earlier this, Idekoba said that year one-third of the company's new code was being written by AI, and that the figure would soon reach 50%. Idekoba isn't the first CEO to boast about how much company code AI is writing. Google CEO Sundar Pichai said last year that 25% of its code was written this way, and it's since risen to 50%. Microsoft boss Satya Nadella said it was 30% at his company, though it plans to increase the number to 60%. Related reading: Study shows AI coding assistants actually slow down experienced developers As part of Recruit Holdings' move toward using AI to help jobseekers and employers, it is also folding Glassdoor operations into Indeed. Idekoba lamented the fact that while the HR industry is a $300 billion sector, it includes a 60% to 65% "human labor manual cost," something he said was much larger than other industries. The CEO added that AI could "simplify hiring" and "reduce manual work" - by replacing humans, apparently. Indeed and Glassdoor laid off around 1,000 people in 2024 and about 2,200 in 2023. Amazon, Anthropic, JP Morgan Chase, and many more companies are now warning that AI will be replacing millions of white-collars workers. There were concerns over what the technology would do to jobs from the very beginning, and now that it's becoming more advanced, those fears appear warranted.

Glassdoor is cutting 1,300 jobs

Job cuts at Indeed and Glassdoor Credit: Jordan Vonderhaar/Bloomberg via Getty Images 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 hiring by building a better job seeker and employer experience using AI." "AI is changing the world, and we must adapt by ensuring our product delivers truly great experiences for job seekers and employers," the memo read. While the layoffs may have come to a shock, this focus on AI is less surprising. According to CBS News, Idekoba said in May at a JPMorgan Chase technology conference that the $300 billion-plus HR industry "includes like 60% or 65% of human labor manual cost." "It's very difficult to find that big industry with such a high percentage of human labor manual cost," Idekoba said, according to CBS News. "And so what we believe is, basically, how can we simplify hiring with using AI and technology and data to reduce manual work. That's what we are focusing on."

Indeed and Glassdoor are cutting over 1,000 jobs. The CEO overseeing both companies says 'we must adapt' to AI

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. The cuts at Indeed and Glassdoor come as the job market overall gets worse. While unemployment is still low at 4.2%, a report from The Ludwig Institute for Shared Economic Prosperity, a nonprofit focused on economic and policy research, found nearly a quarter of Americans are "functionally unemployed." And 20% of job seekers have been looking for work for 10 to 12 months or longer. Gen Z, meanwhile, is finding entering the workforce to be especially harrowing, as entry-level jobs dry up in part due to the threat of AI. LinkedIn's chief economic opportunity officer, Aneesh Raman, has likened the shift to the decline of manufacturing in the 1980, writing in a New York Times op-ed, "Now it is our office workers who are staring down the same kind of technological and economic disruption. Breaking first is the bottom rung of the career ladder."

Career sites Indeed and Glassdoor cut 1,300 jobs in AI pivot

Japanese tech company Recruit Holdings, which owns Indeed and Glassdoor, says it is slashing approximately 1,300 roles across the career sites to focus on "simplifying hiring" with AI. Indeed and Recruit Holdings CEO Hisayuki "Deko" Idekoba informed employees of both sites of the cuts in an email on Thursday. The executive said the eliminations will primarily hit U.S.-based staffers working in research and development as well as people and sustainability teams; he added that the cuts ultimately "span all functions and several countries." Idekoba told staff they would know their "status" within the next hour or during their local working hours. The workforce reduction represents "6% of the HR Technology segment workforce," he said. In the email, he added that Glassdoor, a site where workers can review companies, will integrate its operations into Indeed, a job searching site, in order to create "a simpler hiring experience for job seekers and employers." Bloomberg first reported the news on Thursday. Idekoba recently took back his role as CEO of Indeed in June. He had served as the company's CEO and President from 2013 to 2019. In a release announcing Idekoba's return as CEO of Indeed, he said, "We're in a once-in-a-generation moment when technology can really change lives...Hiring is still too slow and too hard, and we're using AI to make it simpler and more personal -- for both job seekers and employers." While Idekoba didn't give a direct reason for the job cuts, he did say in the memo, "AI is changing the world, and we must adapt by ensuring our product delivers truly great experiences for job seekers and employers." He added, "To achieve our company priorities it requires creating a structure and culture to support them." Idekoba said that due to the restructuring and cuts, Glassdoor CEO Christian Sutherland-Wong "has decided to leave" after 10 years with the reviews site. Sutherland-Wong's last day will be October 1. He added that Indeed's chief people and sustainability officer has also "made the personal decision to leave the company," effective September 1. Board member of both career sites and Recruit Holdings COO Ayano Senaha (Sena) "will step in to lead the team," Idekoba said. Last August, Indeed cut its workforce by 1,000 employees, or about 8% of its staff. Those cuts were also focused on U.S.-based roles in its research and development team, among others. In March 2023, the Austin, Texas-based company reduced its staff by 15%. Recruit Holdings acquired Indeed in 2012 and Glassdoor in 2018.

Indeed and Glassdoor to lay off 1,300 workers as AI shakes up job search business

Alain Sherter is a senior managing editor with CBS News. He covers business, economics, money and workplace issues for CBS MoneyWatch. Indeed and Glassdoor, the job search and employee review firms, are slashing a total of roughly 1,300 jobs as their parent company, Japan's Recruit Holdings, embraces artificial intelligence. In an email to employees Thursday, Recruit Holdings CEO Hisayuki "Deko" Idekoba said that "AI is changing the world" and that the company must adapt accordingly. The layoffs represent about 6% of the companies' combined workforces. The cuts will target the companies' research and development, as well as "people & sustainability," teams in the U.S., but other areas and regions will also be affected, according to Recruit Holdings. The company will send notices to employees who are losing their jobs on Thursday. The move reflects Recruit Holdings' focus on using generative AI tools like ChatGPT to transform how job-seekers look for work and how employers handle recruitment. As part of that effort, the company will fold Glassdoor, known for its employee reviews of companies, into Indeed's job search site, the company told CBS MoneyWatch. Glassdoor CEO Christian Sutherland-Wong is stepping down. "[W]hen we think about HR industry, which is $300 billion-plus industry, but it includes like 60% or 65% of human labor manual cost. It's very difficult to find that big industry with such a high percentage of human labor manual cost," Idekoba said in May at a JPMorgan Chase technology conference. "And so what we believe is, basically, how can we simplify hiring with using AI and technology and data to reduce manual work. That's what we are focusing on." He added that about one-third of the company's programming code was written by AI, and that he expects that figure to jump to one-half. "It's going to be 50% pretty soon," he said. The layoffs come as corporate leaders tout AI's capabilities, while some experts warn that the technology could lead to job losses. Speaking in June at the the Aspen Ideas Festival, for example, Ford CEO Jim Farley said AI is likely to replace half of all white-collar workers in the U.S.

Glassdoor and Indeed layoffs: Job sites slash jobs amid shift toward AI

Yet another company is reducing its workforce amid a broader shift toward artificial intelligence. Recruit Holdings, which owns the online jobs platforms Glassdoor and Indeed, has announced that it is laying off 1,300 employees in its HR Technology segment. The decision will impact about 6% of jobs on the teams. The layoffs are primarily in the job search companies' growth, people and sustainability, and research and development teams, according to a memo cited by Reuters and other outlets. Affected employees are primarily U.S.-based but work across several countries. Fast Company has reached out to Recruit, Indeed, and Glassdoor for comment.

Indeed, Glassdoor cut roughly 1,300 jobs, shift focus to AI

Glassdoor's CEO Christian Sutherland-Wong will be leaving the firm in October, after 10 years with the company. Job-hunting platforms Indeed and Glassdoor are cutting roughly 1,300 jobs, as their parent company, the Japan-based Recruit Holdings, learns further into artificial intelligence (AI). According to a memo seen by news outlets, the cuts represents around 6pc of Recruit Holdings' workforce. Affected departments include the primarily US-based HR technology segment, and R&D, growth, as well as people and sustainability teams, which are spread worldwide. While a specific reason wasn't given for the major layoffs, Recruit Holdings CEO Hisayuki "Deko" Idekoba told employees via email that "AI is changing the world, and we must adapt by ensuring our product delivers truly great experiences." In addition, the employer reviewing site Glassdoor's operations will be integrated into the jobs portal site Indeed in a bid to make the hiring experience simpler for employees and employers, Recruit said. Glassdoor's CEO Christian Sutherland-Wong will be leaving the firm in October, after 10 years with the company. Idekoba returned as Indeed's CEO and president earlier last month, after a six year hiatus. He previously led the company between 2013 and 2019. In a statement announcing his return, Idekoba said, "hiring is still too slow and too hard, and we're using AI to make it simpler and more personal". News of job cuts linked to AI has become increasingly common. Earlier this year, Workday announced 1,750 job cuts as it shifted focus towards AI, while last year, Cisco announced that it would drop 7pc of its workforce to redirect investments into AI and cybersecurity. Microsoft, on the other hand, has been slashing employees in the thousands for a number of years. 9,000 employees, including those based in Ireland, became the latest victim of the company's job cuts earlier this month. Bloomberg linked some of Microsoft's layoffs to its heavy AI investments. In 2024, Indeed cut 8pc of its global workforce, or around 1,000 jobs. At the time, CEO Christ Hyams said the company had "too many organisational layers". While the year before, the company cut 2,200 employees - including 200 based in Ireland. It was previously thought that generative AI will primarily affect low-cost workers in less-complex roles. However, troves of skilled-employees have become victims to AI-led job cuts, with business leaders now saying that white-collar workers are in danger. Recently, Ford CEO Jim Farley said that "half of all white-collar workers in the US" could lose their jobs to AI in the coming years. Don't miss out on the knowledge you need to succeed. Sign up for the Daily Brief, Silicon Republic's digest of need-to-know sci-tech news.

Indeed, Glassdoor cutting about 6% of staff; sites to merge operations

U.S. job growth was solid in June while the unemployment rate unexpectedly fell to 4.1%. Indeed and Glassdoor will lay off about 1,300 employees, the online job and work sites' Japanese parent company, Recruit Holdings, has announced. The Tokyo-headquartered human resources and jobs company, which acquired the companies in 2012 and 2018, respectively, said the job cuts would come in its HR technology segment, according to the company's press release. The reductions amount to about 6% of the company's 20,000 employees in that business unit. The job cuts across the two job sites reflect a shift in focus to artificial intelligence, according to a memo seen by Reuters on Thursday, July 10. The Indeed and Glassdoor job cuts are just the most recent workforce reductions in the tech sector, in part, due to AI developments. Back in February, Facebook parent company Meta laid off more than 3,000 employees, while finance and HR software company Workday cut 1,750 employees. More recently, Microsoft in July cut about 4% of its workforce, after a 3% workforce reduction in May. Although Recruit CEO Hisayuki "Deko" Idekoba did not explain the reasoning behind the cuts, he said in the email to employees, "AI is changing the world, and we must adapt by ensuring our product delivers truly great experiences for job seekers and employers," Bloomberg reported. Most of the jobs being cut are in the U.S. and within the research and development, growth, and people and sustainability teams, but the reductions span all functions and several countries, the memo said. Indeed, Glassdoor's operations to merge The operations of job and company review site Glassdoor will be integrated into job search site Indeed, the company said, adding that Glassdoor CEO Christian Sutherland-Wong is exiting the company, effective Oct. 1. Also departing: LaFawn Davis, Indeed's chief people and sustainability officer, who will step down Sept. 1, and will be succeeded by Ayano Senaha, chief operating officer at Recruit. The financial impacts of the job cuts had "already been largely incorporated" into the company's outlook for the rest of its fiscal year, ending March 31, 2026, the company said. What's everyone talking about? Sign up for our trending newsletter to get the latest news of the day

2 Major Career Companies Are Laying Off 1,300 Employees: 'AI Is Changing the World'

The job cuts were revealed in a leaked memo that Recruit CEO Hisayuki "Deko" Idekoba sent to staff this week. Recruit Holdings, the parent company of career sites Indeed and Glassdoor, is laying off 1,300 employees across the two sites. The job cuts represent about 6% of Recruit's overall global workforce and will especially impact U.S. employees working on the research and development, people operations, and sustainability teams, per CBS. The news was announced in a leaked internal email, viewed by TechCrunch, which Recruit CEO Hisayuki "Deko" Idekoba sent to staff on Thursday. Idekoba, 50, wrote in the email that the company was restructuring amid a broader AI shift. Citing internal data, he stated that AI helps people find a job every 2.2 seconds, and that the company is working on "simplifying hiring by building a better job seeker and employer experience using AI." Related: AI Is Going to 'Replace Everybody' in Several Fields, According to the 'Godfather of AI.' Here's Who He Says Should Be 'Terrified.' "AI is changing the world, and we must adapt by ensuring our product delivers truly great experiences," Idekoba wrote in the memo. The restructuring also impacts C-suite executives at Recruit. Per the memo, Glassdoor CEO Christian Sutherland-Wong will leave his position on October 1 after a decade with the company. Indeed's Chief People and Sustainability Officer, LaFawn Davis, is also departing the firm. Idekoba has long-standing ties to Indeed. He led Recruit's acquisition of the company for a reported $750 million to $1 billion in 2012. He was also deeply involved with Glassdoor, heading Recruit's acquisition of the company in 2018 for $1.2 billion. Idekoba served as Indeed's CEO from 2013 to 2019, and currently lives in Austin, where Indeed is based, per Bloomberg. He was appointed CEO of Recruit in 2021. In June, he took on the additional responsibility of returning to Indeed as president and CEO. "We're in a once-in-a-generation moment when technology can really change lives," Idekoba said in a June press release. "Hiring is still too slow and too hard, and we're using AI to make it simple and more personal -- for both job seekers and employers." Related: Salesforce Has Used AI to Reduce Personnel Costs By $50 Million This Year. Here's Which Roles Are Affected. Other companies have also restructured due to AI. For example, Morgan Stanley cut 2,000 employees in March, with a source stating that some were let go because AI had automated their roles at the bank. In May, IBM CEO Arvind Krishna said that the company used AI to replace hundreds of employees in its human resources department. Career sites are also feeling the crunch of competition from behemoths like LinkedIn, which has more than one billion users. Increased competition and declining revenue led CareerBuilder + Monster to file for bankruptcy last month.

Indeed And Glassdoor To Slash 1,300 Jobs, Merge Operations, And Lose Top Leaders As Parent Company Restructures For A Leaner, AI-Focused Future In HR Tech

Artificial intelligence seems to be taking over not just the tech industry but also the world, with the growing investment and focus companies seem to be placing on technology. Many tech giants have not only undergone restructuring amidst the increasing emphasis on automated intelligence, but have also made this a top priority and goal of the company. Many are shifting the resources to departments now dedicated explicitly to automation, slowly taking on roles that were otherwise done by the workforce. Microsoft, Google, and IBM are prime examples of this, and it seems that this trend does not just stop at the tech companies but is also now extending to job hiring websites, which seem to be laying off employees due to AI. Recruit Holdings is the parent company of Indeed and Glassdoor and is said to be cutting off around 1,300 jobs, which accounts for roughly 6 percent of the HR technology workforce, as the company pivots in the direction of Artificial Intelligence. The decision was laid out in an internal email sent out as reported by Recruit Holdings and Indeed CEO Hisayuki "Deko" Idekoba, reported by Business Insider, which stated that the jobs being impacted primarily were based in the U.S., which include operations, research, and even sustainability. The CEO, when explaining their reason for moving in this direction, cited AI and how it is transforming the world, creating the need for companies to adapt to the changing needs and trends to remain competitive. The company is said to be sending out notices to employees that are going to be laid off on Thursday, and even went on to give a heads-up about more regions to be affected amidst the growing focus on AI initiatives. Recruit Holdings aims to transform the way jobs are searched and how employers manage recruitment. As part of its restructuring efforts, the company intends to merge Glassdoor operations into Indeed and as a result, Glassdoor CEO Chrisitian Sutherland-Wong would be stepping down from his role along with LaFawn Devis, the Chief People and Sustainability Officer at Indeed, highlighting how even many of the long-serving leaders have not been spared from the overhaul move. Recruit Holdings acquired Indeed back in 2012 and later on went on to take over Glassdoor in 2018. There is still ambiguity regarding whether the job cuts would be equally divided or whether one of the two would be more on the suffering end. Nonetheless, the workforce cutdown is not limited to these companies alone and represents a larger trend. Many other tech firms have also stepped up their efforts towards AI while trying to ensure cost optimization.

Indeed, Glassdoor to cut 1,300 jobs amid AI integration, memo shows

(Reuters) -Recruit Holdings, the Japanese parent of Indeed and Glassdoor, will reduce headcount by around 1,300 across the two job sites amid a shift in focus toward artificial intelligence, according to a memo seen by Reuters on Thursday. The cuts -- representing about 6% of the HR technology segment workforce -- are mostly in the U.S. and within the research and development, growth, and people and sustainability teams, but span all functions and several countries, the memo said. While the company did not provide a specific reason for the layoffs, Recruit CEO Hisayuki "Deko" Idekoba said "AI is changing the world, and we must adapt by ensuring our product delivers truly great experiences for job seekers and employers". U.S. companies, including tech giants Meta and Microsoft, have announced job cuts recently to prioritize AI investments as well as to navigate slowing economic growth. Recruit also said it would integrate Glassdoor operations into Indeed. As a result of which, Glassdoor CEO Christian Sutherland-Wong would leave the company, effective October 1. LaFawn Davis, chief people and sustainability officer of Indeed, will also step down effective September 1, and will be succeeded by Ayano Senaha, chief operating officer of Recruit. Recruit, which acquired Indeed in 2012 and Glassdoor in 2018, currently has 20,000 employees in the HR technology business unit. In 2024, Indeed announced plans to eliminate 1,000 positions. This followed a previous announcement a year earlier, when the company said it would cut about 2,200 jobs, representing 15% of its staff. (Reporting by Kritika Lamba in Bengaluru; Editing by Shilpi Majumdar)