Indeed, Glassdoor to lay off 1,300 workers as AI shakes up job search business

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 Recruit Holdings’ workforce.

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.  

The move reflects Recruit Holdings’ focus on using AI to transform how job-seekers look for work and how employers handle recruitment. As part of that effort, the company will fold Glassdoor operations into Indeed, the company told CBS MoneyWatch. Glassdoor CEO Christian Sutherland-Wong is stepping down. 

Read more from CBS News.