CEO & CPO exit | Indeed & Glassdoor owner axes 1,300 staff

Recruit Holdings owner of Indeed and Glassdoor, says approximately 1,300 roles will be eliminated across its HR Technology segment, primarily affecting the US and touching multiple teams across Indeed and Glassdoor.

The job cuts represent about 6% of the division’s global workforce and are part of a siginificant corporate restructure, which will also see new leadership at Glassdoor.

The announcement by Recruit CEO Hisayuki “Deko” Idekoba, said: “We anticipate reducing our headcount by approximately 1,300 people across Indeed and Glassdoor, representing around 6% of the HR Technology segment workforce.”

Functions affected include R&D, GRO, and People & Sustainability. Reductions will be made across multiple countries in compliance with local labor laws. According to the memo: “Everyone will be informed of their status within the next hour, or during their local working hours.”