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Investing.com -- Recruit Holdings (TYO:6098), the Japanese parent company of job sites Indeed and Glassdoor, plans to reduce its workforce by approximately 1,300 employees as it shifts focus toward artificial intelligence, according to a Reuters report on Thursday.
The job cuts represent about 6% of the HR technology segment workforce and will primarily affect U.S. operations. The reductions will impact research and development, growth, and people and sustainability teams, though they will span across all functions and several countries.
In the memo, Recruit CEO Hisayuki "Deko" Idekoba emphasized the need to adapt to changing technology, stating, "AI is changing the world, and we must adapt by ensuring our product delivers truly great experiences for job seekers and employers."
As part of the restructuring, Recruit will reportedly also integrate Glassdoor operations into Indeed. This organizational change will result in the departure of Glassdoor CEO Christian Sutherland-Wong, effective October 1.
Additionally, LaFawn Davis, chief people and sustainability officer of Indeed, will step down effective September 1. Ayano Senaha, currently the chief operating officer of Recruit, will take over Davis’s responsibilities.
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