Indeed and Glassdoor Cut 1300 Jobs to Embrace AI Innovation
What Happened
Indeed and Glassdoor, major names in online job search, announced layoffs impacting a combined total of 1,300 employees across both companies. Their parent company, Japan-based Recruit Holdings, is doubling down on investment in artificial intelligence tools to transform job matching and hiring operations. The reductions affect teams in various locations as the company aims to streamline services and boost automation. Leadership stated these changes are necessary for adapting to evolving market dynamics and advancing AI capabilities, which are anticipated to improve user experience for employers and job seekers alike.
Why It Matters
This move highlights the increasing automation of HR and recruiting through AI, speeding up shifts across the job market. Displaced tech workers and HR professionals may need to reskill as AI tools become standard in recruitment. Read more in our AI News Hub