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Indeed and Glassdoor are cutting more than 1,000 jobs
Job-hunting platforms Indeed and Glassdoor are cutting their workforce, and it may be thanks to good old artificial intelligence.
Both services are owned by Japan-based Recruit Holdings Co. and its President and CEO Hisayuki "Deko" Idekoba announced the layoffs in a memo. "Hiring is still too slow and too hard, and we’re using AI to make it simpler and more personal — for both job seekers and employers," he said when taking over as CEO of Indeed last month. Ironically, he assumed leadership of Indeed when former CEO Chris Hyams left in order to help tackle the " urgent issues" in developing responsible AI tools.
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