Indeed And Glassdoor Announce Major Layoffs Amid AI-Driven Shift

What Happened

Indeed and Glassdoor, two major online job platforms, have announced plans to lay off 1,300 employees worldwide as they accelerate investments in artificial intelligence technology. The companies, both owned by Japan’s Recruit Holdings, will cut jobs across various departments, citing the need to boost efficiency and focus more on AI-powered job matching and automation. These layoffs affect about 10 percent of their combined workforce and reflect a larger industry trend as job markets and hiring processes evolve rapidly due to advances in automation and AI solutions.

Why It Matters

The decision highlights the growing impact of artificial intelligence on the job search sector, with companies prioritizing automation to provide more efficient services. This is likely to influence how job seekers and HR professionals use such platforms, marking a significant shift in the job-tech landscape. Read more in our AI News Hub