July 10 (Reuters) - Recruit Holdings ( RCRRF ), 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.