Indeed and Glassdoor to lay off 1,300 workers as AI shakes up job search business
CBSN
Indeed and Glassdoor, the job search and employee review firms, are slashing a total of roughly 1,300 jobs as their parent company, Japan's Recruit Holdings, embraces artificial intelligence.
In an email to employees Thursday, Recruit Holdings CEO Hisayuki "Deko" Idekoba said that "AI is changing the world" and that the company must adapt accordingly. The layoffs represent about 6% of the companies' combined workforces.
The cuts will target the companies' research and development, as well as "people & sustainability," teams in the U.S., but other areas and regions will also be affected, according to Recruit Holdings. The company will send notices to employees who are losing their jobs on Thursday.
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