Indeed and Glassdoor to lay off 1,300 employees

• Job search company Indeed and employer review site Glassdoor are implementing significant staffing cuts, with 1,300 positions being axed in total.
• The cuts, announced by Hisayuki Idekoba, CEO of their parent company Recruit Holdings Co., are primarily driven by a strategic shift towards AI optimization.
• Idekoba stated that adapting to AI is crucial for delivering improved experiences for job seekers and employees, requiring faster innovation and efficiency.
• The majority of the job losses are anticipated in the U.S., specifically impacting roles in research and development, and people and sustainability departments.
• This move follows previous substantial workforce reductions by Recruit Holdings Co. in 2023, and Glassdoor's employee review functions will be integrated into Indeed.

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Indeed and Glassdoor become latest companies to fall victim to AI job cuts