Latest news with #Hisayuki"Deko"Idekoba
Canada News.Net
5 days 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.
Yahoo
11-07-2025
- 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
11-07-2025
- 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
UPI
11-07-2025
- Business
- UPI
Indeed and Glassdoor to cut 1,300 jobs, mostly in the United States, and boost AI use
July 11 (UPI) -- Glassdoor and Indeed will cut about 1,300 jobs as their sites intertwine and the parent company pushes for more use of artificial intelligence. Recruit Holdings owns the two sites. The Japanese company said more Glassdoor operations will fold into Indeed, and the companies will use more AI. The company said in a statement it is focusing on "simplifying hiring by building a better job seeker and employer experience using AI." It cited its internal figure that AI helps people find a job every 2.2 seconds, TechCrunch reported. "AI is changing the world, and we must adapt by ensuring our product delivers truly great experiences for job seekers and employers," CEO, Hisayuki "Deko" Idekoba wrote in an internal memo. Most job cuts would be in the United States in both companies' research and development, tech, human resources and sustainability departments. But the cuts will affect all functions and countries, the memo said. Six percent of Recruit's HR technology division will suffer cuts. Glassdoor CEO Christian Sutherland-Wong is resigning. In May, Idekoba said at a JPMorgan Chase technology conference, CBS News reported: "[W]hen we think about HR industry, which is $300 billion-plus industry, but it includes like 60% or 65% of human labor manual cost. It's very difficult to find that big industry with such a high percentage of human labor manual cost. And so what we believe is, basically, how can we simplify hiring with using AI and technology and data to reduce manual work. That's what we are focusing on." Idekoba said that about one-third of the company's new programming code is written by AI: "It's going to be 50% pretty soon." Recruit Holdings bought Indeed in 2012 and Glassdoor in 2018, securing two popular platforms that jobseekers use. It's not clear exactly how the company will use AI to replace workers.
Time of India
11-07-2025
- Business
- Time of India
Recruit Holdings to layoff 6% of its HR tech workforce
Recruit Holdings , the Japanese parent company of job platforms Indeed and Glassdoor, is cutting 1,300 jobs, approximately 6% of its HR technology workforce, amid a broader shift toward an artificial intelligence-led transformation. The layoffs will primarily affect US-based roles in research and development, growth, people, and sustainability teams. However, they span multiple functions and countries, according to an internal memo seen by Reuters. CEO Hisayuki "Deko" Idekoba cited the growing impact of AI on the hiring ecosystem, saying the company must evolve to deliver improved experiences for job seekers and employers. The changes come as other US tech giants like Meta and Microsoft also trim workforces to realign around AI priorities. As part of the restructuring, Recruit will integrate Glassdoor's operations into Indeed. This move will see the departure of Glassdoor CEO Christian Sutherland-Wong, effective October 1, and Indeed's Chief People and Sustainability Officer LaFawn Davis, effective September 1. Davis will be replaced by Ayano Senaha, Recruit's COO. Recruit's HR tech unit employs 20,000 people. The new layoffs follow a string of cuts at Indeed, 1,000 roles in 2024 and 2,200 in 2023, reflecting continued consolidation in the digital hiring space as AI redefines workforce needs.
