Latest news with #ChristianSutherland-Wong
Canada News.Net
a day ago
- Business
- Canada News.Net
Recruit cuts 6% of HR tech staff in Indeed, Glassdoor overhaul
AUSTIN/SAN FRANCISCO: Two of the world's leading job search platforms, Indeed and Glassdoor, are set to eliminate around 1,300 positions as their parent company pivots further toward artificial intelligence, according to an internal memo seen by Reuters. 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.
Mint
2 days ago
- Business
- Mint
Layoff news: Recruit Holdings to cut 1,300 jobs at Indeed and Glassdoor in AI-led restructure
Recruit Holdings, the Japanese parent company of job platforms Indeed and Glassdoor, has announced plans to lay off approximately 1,300 employees as part of a sweeping restructuring strategy aimed at integrating artificial intelligence more deeply into its services, reported TechCrunch. The decision, reportedly revealed in an internal memo by CEO Hisayuki 'Deko' Idekoba and reviewed by the above-mentioned publication, will likely affect around six per cent of Recruit's HR technology division. The cuts are expected to impact roles across various departments, including research and development, technology, human resources, and sustainability, primarily in the United States, though all global regions and functions will feel the effects. As per the report, the restructuring will also see Glassdoor's operations folded into Indeed, signalling a major shift in the group's approach to its job search platforms. As part of this integration, Glassdoor CEO Christian Sutherland-Wong will step down on 1 October. LaFawn Davis, Indeed's Chief People and Sustainability Officer, is also set to exit the company. In the internal communication, Idekoba underscored the company's renewed emphasis on leveraging artificial intelligence to streamline the hiring process. 'AI is changing the world, and we must adapt by ensuring our product delivers truly great experiences for job seekers and employers,' he wrote. Recruit cited internal data indicating that AI now facilitates a job match every 2.2 seconds, bolstering its ambition to simplify recruitment by enhancing both candidate and employer experiences through advanced technology. The move mirrors a wider industry trend, as numerous global tech firms recalibrate their operations to prioritise AI capabilities. Companies such as Microsoft, Meta, TikTok, Match Group, and Intel have all announced significant job reductions in recent months, often coinciding with scaled-back sustainability initiatives and escalating investments in AI integration.
Mint
2 days ago
- Business
- Mint
Layoff news: Recruit Holdings to cut 1300 jobs across R&D, tech and HR in global shake-up
Recruit Holdings, the Japanese parent company of job platforms Indeed and Glassdoor, has announced plans to lay off approximately 1,300 employees as part of a sweeping restructuring strategy aimed at integrating artificial intelligence more deeply into its services, reported TechCrunch. The decision, reportedly revealed in an internal memo by CEO Hisayuki 'Deko' Idekoba and reviewed by the above-mentioned publication, will likely affect around six per cent of Recruit's HR technology division. The cuts are expected to impact roles across various departments, including research and development, technology, human resources, and sustainability, primarily in the United States, though all global regions and functions will feel the effects. As per the report, the restructuring will also see Glassdoor's operations folded into Indeed, signalling a major shift in the group's approach to its job search platforms. As part of this integration, Glassdoor CEO Christian Sutherland-Wong will step down on 1 October. LaFawn Davis, Indeed's Chief People and Sustainability Officer, is also set to exit the company. In the internal communication, Idekoba underscored the company's renewed emphasis on leveraging artificial intelligence to streamline the hiring process. 'AI is changing the world, and we must adapt by ensuring our product delivers truly great experiences for job seekers and employers,' he wrote. Recruit cited internal data indicating that AI now facilitates a job match every 2.2 seconds, bolstering its ambition to simplify recruitment by enhancing both candidate and employer experiences through advanced technology. The move mirrors a wider industry trend, as numerous global tech firms recalibrate their operations to prioritise AI capabilities. Companies such as Microsoft, Meta, TikTok, Match Group, and Intel have all announced significant job reductions in recent months, often coinciding with scaled-back sustainability initiatives and escalating investments in AI integration. Recruit Holdings' latest decision adds to growing concerns over the human cost of the tech sector's rapid pivot towards automation, even as firms promote the long-term benefits of AI-led innovation.
Yahoo
4 days ago
- Business
- Yahoo
Indeed, Glassdoor cutting about 6% of staff; sites to merge operations
Indeed and Glassdoor will lay off about 1,300 employees, the online job and work sites' Japanese parent company, Recruit Holdings, has announced. The Tokyo-headquartered human resources and jobs company, which acquired the companies in 2012 and 2018, respectively, said the job cuts would come in its HR technology segment, according to the company's press release. The reductions amount to about 6% of the company's 20,000 employees in that business unit. The job cuts across the two job sites reflect a shift in focus to artificial intelligence, according to a memo seen by Reuters on Thursday, July 10. The Indeed and Glassdoor job cuts are just the most recent workforce reductions in the tech sector, in part, due to AI developments. Back in February, Facebook parent company Meta laid off more than 3,000 employees, while finance and HR software company Workday cut 1,750 employees. More recently, Microsoft in July cut about 4% of its workforce, after a 3% workforce reduction in May. New job, new career?: Most job switchers are making a change in career: Top 5 fields they're leaving. Although Recruit CEO Hisayuki "Deko" Idekoba did not explain the reasoning behind the cuts, he said in the email to employees, "AI is changing the world, and we must adapt by ensuring our product delivers truly great experiences for job seekers and employers," Bloomberg reported. Most of the jobs being cut are in the U.S. and within the research and development, growth, and people and sustainability teams, but the reductions span all functions and several countries, the memo said. The operations of job and company review site Glassdoor will be integrated into job search site Indeed, the company said, adding that Glassdoor CEO Christian Sutherland-Wong is exiting the company, effective Oct. 1. Also departing: LaFawn Davis, Indeed's chief people and sustainability officer, who will step down Sept. 1, and will be succeeded by Ayano Senaha, chief operating officer at Recruit. The financial impacts of the job cuts had "already been largely incorporated" into the company's outlook for the rest of its fiscal year, ending March 31, 2026, the company said. Contributing: Reuters Mike Snider is a reporter on USA TODAY's Trending team. You can follow him on Threads, Bluesky, X and email him at mikegsnider & @ & @mikesnider & msnider@ What's everyone talking about? Sign up for our trending newsletter to get the latest news of the day This article originally appeared on USA TODAY: Indeed, Glassdoor laying off 6% of workforces Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
USA Today
4 days ago
- Business
- USA Today
Indeed, Glassdoor cutting about 6% of staff; sites to merge operations
Indeed and Glassdoor will lay off about 1,300 employees, the online job and work sites' Japanese parent company, Recruit Holdings, has announced. The Tokyo-headquartered human resources and jobs company, which acquired the companies in 2012 and 2018, respectively, said the job cuts would come in its HR technology segment, according to the company's press release. The reductions amount to about 6% of the company's 20,000 employees in that business unit. The job cuts across the two job sites reflect a shift in focus to artificial intelligence, according to a memo seen by Reuters on Thursday, July 10. The Indeed and Glassdoor job cuts are just the most recent workforce reductions in the tech sector, in part, due to AI developments. Back in February, Facebook parent company Meta laid off more than 3,000 employees, while finance and HR software company Workday cut 1,750 employees. More recently, Microsoft in July cut about 4% of its workforce, after a 3% workforce reduction in May. New job, new career?: Most job switchers are making a change in career: Top 5 fields they're leaving. Although Recruit CEO Hisayuki "Deko" Idekoba did not explain the reasoning behind the cuts, he said in the email to employees, "AI is changing the world, and we must adapt by ensuring our product delivers truly great experiences for job seekers and employers," Bloomberg reported. Most of the jobs being cut are in the U.S. and within the research and development, growth, and people and sustainability teams, but the reductions span all functions and several countries, the memo said. Indeed, Glassdoor's operations to merge The operations of job and company review site Glassdoor will be integrated into job search site Indeed, the company said, adding that Glassdoor CEO Christian Sutherland-Wong is exiting the company, effective Oct. 1. Also departing: LaFawn Davis, Indeed's chief people and sustainability officer, who will step down Sept. 1, and will be succeeded by Ayano Senaha, chief operating officer at Recruit. The financial impacts of the job cuts had "already been largely incorporated" into the company's outlook for the rest of its fiscal year, ending March 31, 2026, the company said. Contributing: Reuters Mike Snider is a reporter on USA TODAY's Trending team. You can follow him on Threads, Bluesky, X and email him at mikegsnider & @ & @mikesnider & msnider@ What's everyone talking about? Sign up for our trending newsletter to get the latest news of the day
