
Recruit cuts 6% of HR tech staff in Indeed, Glassdoor overhaul
The layoffs affect roughly six percent of the HR technology workforce at Japanese parent firm Recruit Holdings. Most of the cuts are concentrated in the United States and span research and development, growth, and people and sustainability teams, though multiple functions and countries are impacted.
While the memo did not cite a single reason for the move, 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."
The company also confirmed plans to integrate Glassdoor's operations into Indeed, a shift that will lead to executive changes. Glassdoor CEO Christian Sutherland-Wong will step down on October 1. LaFawn Davis, Indeed's chief people and sustainability officer, will leave the company on September 1 and will be succeeded by Ayano Senaha, COO of Recruit.
Recruit, which acquired Indeed in 2012 and Glassdoor in 2018, currently employs 20,000 people across its HR technology unit.
These cuts follow a broader downsizing trend at the company. In 2024, Indeed announced 1,000 job cuts, following a 2,200-person reduction the year before, which represented 15 percent of its workforce.
U.S. firms, including Meta and Microsoft, have also announced layoffs in recent months, citing AI integration and economic headwinds as key factors.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Canada News.Net
5 hours ago
- Canada News.Net
India on course to become world's 4th largest economy, surpassing Japan amid looming US tariffs: Rubix Report
New Delhi [India], July 14 (ANI): India is on track to become the world's fourth-largest economy in 2025, surpassing Japan, marking a significant shift in Asia's economic balance, according to the latest Rubix Country Insights Report: Japan by Rubix Data Sciences. According to the report, the United States is preparing to impose 25 per cent tariffs on Japanese exports starting August 1, Japan faces mounting economic pressures that threaten to further dampen growth, said a recent report by Rubix. Additionally, the reports reveal that Japan's economy, once a pillar of regional strength, grew just 0.1 per cent in 2024. Weak household spending, surging import costs, and persistent inflation at 3.7 per cent have weighed on the recovery. The Bank of Japan has cautiously raised interest rates, but looming US tariffs, expected to reduce GDP growth by 0.26 percentage points and slash exporter profits by up to 25 per cent, pose a serious threat, particularly to Japan's vital automotive sector. Despite these headwinds, Japan's corporate sector is showing resilience. M&A activity reached a four-decade high in 2024, with deals exceeding USD 230 billion--a 44% jump. Major transactions like Nippon Steel's acquisition of U.S. Steel and Bain Capital's healthcare investments underscore Japanese firms' drive for global expansion. In parallel, India's GDP is projected to edge past Japan's in 2025, reaching USD 4,187 billion. Furthermore, the Rubix report believes this is a deepening partnership. Bilateral trade has grown at a 13% CAGR to exceed USD 25 billion in FY2025, though India's trade deficit with Japan has nearly doubled. Automobiles now account for 13% of India's exports to Japan, up from just 1 per cent four years ago, signalling India's emergence as a key supplier. Japanese imports from India have grown steadily, while investments in India's manufacturing, clean energy, and infrastructure sectors are rising rapidly. Beyond trade, the two nations are collaborating on semiconductors, defence, and digital infrastructure. 'The world's fourth- and fifth-largest economies deepening their trade and strategic ties augurs well for Asia's economic future. Our report shows how this partnership is unlocking concrete business opportunities, from rising Indian exports of automobiles and smartphones to Japan to record Japanese investments in India's manufacturing, energy, and infrastructure sectors,' said Mohan Ramaswamy, CEO of Rubix Data Sciences. (ANI)


Toronto Sun
14 hours ago
- Toronto Sun
Nissan closes its Oppama plant in Japan to cut costs
Published Jul 15, 2025 • 2 minute read This aerial photo shows Nissan Motor Co's Oppama plant in Yokosuka near Tokyo, in May 15, 2025.(Kyodo News via AP) AP YOKOHAMA, Japan (AP) — Nissan is closing its flagship factory in Oppama, Japan, to cut costs and moving all its production there to another plant in southwestern Japan. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account Vehicle production at the Oppama plant in Kanagawa Prefecture south of Tokyo, will end at the end of the 2027 fiscal year, in March 2028, the Japanese automaker said Tuesday. After that, all models that had been made or scheduled for production at Oppama will be made at Nissan Motor Kyushu, in Fukuoka Prefecture. The Oppama plant has been a prized symbol for Nissan Motor Corp., which rolled out its Leaf electric car there in 2010, ahead of key rivals. Chief Executive Ivan Espinosa, who took on the job in April, said the decision was extremely difficult, calling the Oppama plant 'an icon for Nissan.' He promised employees will be treated fairly and responsibly, with transfer offers to other locations, or other work in the area in consultation with the labor union. The plant now employs 2,400 people. Your noon-hour look at what's happening in Toronto and beyond. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. 'I believe it's a vital step toward overcoming our current challenges and building a sustainable future,' he said. 'The world is changing by the minute,' he told reporters at a hastily called news conference at Nissan's Yokohama headquarters. Espinosa said the company was in talks on possibly selling the factory land, or using it for another purpose. He declined to give details. Even if a buyer is not found, the decision on ending production will not change, he added. The plant's closure was expected, as the maker of the Infiniti luxury models and March subcompact has said repeatedly that it is restructuring its operations to boost its profitability, including by consolidating production sites. Nissan says the tariff policies of President Donald Trump have hurt its bottom line. Earlier this year, Nissan said it was slashing about 15% of its global work force, or about 20,000 employees, which would include a 9,000 head count reduction announced late last year, including in China. This advertisement has not loaded yet, but your article continues below. The company has been racking up losses, hurt by slipping vehicle sales in China and elsewhere, huge restructuring costs and ballooning inventories. Earlier this year, Nissan said it's reducing the number of its auto plants to 10 from 17 to 'create a leaner, more resilient business.' At that time, it didn't say which plants were being closed but confirmed the closures will include factories in Japan. It's also reducing production capacity to 2.5 million units from 3.5 million. The latest announcement concludes the production closures in Japan, according to Espinosa. Nissan racked up a loss of 670.9 billion yen ($4.5 billion) for the fiscal year through March, down from a 426.6 billion yen profit recorded in the previous fiscal year. Espinosa replaced Makoto Uchida, who stepped down to take responsibility for the faltering results. Uncategorized NHL NFL Editorials Editorial Cartoons


Winnipeg Free Press
18 hours ago
- Winnipeg Free Press
Nissan to close its Oppama plant in Japan to cut costs
TOKYO (AP) — Nissan is closing its flagship factory in Oppama, Japan, to cut costs and moving all its production there to another plant in southwestern Japan. Vehicle production at the Oppama plant in Kanagawa Prefecture south of Tokyo, will end at the end of the 2027 fiscal year, in March 2028, the Japanese automaker said Tuesday in a statement. After that, all models that had been made or scheduled for production at Oppama will be made at Nissan Motor Kyushu, in Fukuoka Prefecture. The Oppama plant has been a prized symbol for Nissan Motor Corp., which rolled out its Leaf electric car there in 2010, ahead of key rivals. The plant's closure was expected, as the maker of the Infiniti luxury models and March subcompact has said repeatedly that it is restructuring its operations to boost its profitability, including by consolidating production sites. Nissan, based in the port city of Yokohama, says the tariff policies of President Donald Trump have hurt its bottom line. Earlier this year, Nissan said it was slashing about 15% of its global work force, or about 20,000 employees, which would include a 9,000 head count reduction announced late last year, including in China. The company has been racking up losses, hurt by slipping vehicle sales in China and elsewhere, huge restructuring costs and ballooning inventories. Earlier this year, Nissan said it's reducing the number of its auto plants to 10 from 17 to 'create a leaner, more resilient business.' Monday Mornings The latest local business news and a lookahead to the coming week. At that time, it didn't say which plants were being closed but confirmed the closures will include factories in Japan. It's also reducing production capacity to 2.5 million units from 3.5 million. Nissan racked up a loss of 670.9 billion yen ($4.5 billion) for the fiscal year through March, down from a 426.6 billion yen profit recorded in the previous fiscal year. Its chief executive, Ivan Espinosa, took up the post in April and was set to speak to reporters later Tuesday. He replaced Makoto Uchida, who stepped down to take responsibility for the faltering results. ___ Yuri Kageyama is on Threads: