Latest news with #Recruit
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.
Time of India
5 days ago
- 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.
India Today
5 days ago
- Business
- India Today
Glassdoor and Indeed lay off 1,300 employees, say they must adapt as AI is changing the world
Recruit Holdings, the Japanese parent company of job sites Indeed and Glassdoor, is set to reduce its workforce by approximately 1,300, according to a memo accessed by Reuters. This represents about 6 per cent of the workforce within the company's HR technology segment. The layoffs are primarily concentrated in the United States and affect various departments, including research and development, growth, and people and sustainability teams, spanning several countries and rationale behind these cuts, although not explicitly stated by Recruit, aligns with the comments from CEO Hisayuki "Deko" Idekoba, who emphasised the transformative impact of AI. He stated, "AI is changing the world, and we must adapt by ensuring our product delivers truly great experiences for job seekers and employers." This shift mirrors a trend seen in other major tech companies like Meta and Microsoft, which have also announced job cuts to prioritise AI investments amid economic part of this organisational restructuring, Recruit Holdings will reportedly also integrate Glassdoor operations into Indeed. This integration will lead to the departure of Glassdoor CEO Christian Sutherland-Wong, effective 1 October. Additionally, LaFawn Davis, the chief people and sustainability officer of Indeed, will step down on 1 September, with Ayano Senaha, Recruit's COO, set to succeed her. Recruit's history with Indeed began in 2012, followed by its acquisition of Glassdoor in 2018. These changes are part of a broader effort to consolidate operations and focus on core business areas. This development is part of a broader trend in the tech industry, with numerous companies resorting to layoffs in 2025 as they navigate AI-driven restructuring and economic pressures. Notably, other firms such as Automattic and TikTok have also announced significant job cuts. Companies are increasingly focusing on AI roles, even as they reduce headcounts in other areas. This shift underscores the growing importance of AI in shaping the future of current wave of layoffs in the tech sector has surpassed 100,000 job cuts globally in 2025 alone. Major firms like IBM, Intel, and Microsoft continue to trim their workforces as they adapt to changing market conditions and prioritise AI integration. For instance, Microsoft recently announced 9,100 layoffs, affecting its Xbox and gaming divisions, amongst others. These layoffs highlight the ongoing challenges companies face in the rapidly evolving tech has also been reducing its workforce, letting go around 8,000 employees, predominantly from its Human Resources department. This follows an internal transition towards automation, with AI systems increasingly taking over tasks previously managed by human employees. This shift highlights the growing impact of AI on job roles and the strategic realignments within tech companies. The integration of AI is reshaping job functions and redefining skills required in the tech industry.- Ends
