News Summary

• Recruit Holdings, the Japanese parent of Indeed and Glassdoor, said on Friday it is laying off about 1,300 employees.
• The layoffs are part of a broader restructuring that involves Glassdoor’s operations being integrated within Indeed.
• The cuts would affect functions mostly in the U.S. across the two companies’ R&D, tech, and HR and sustainability divisions.
• The company said in a statement that it is focusing on “simplifying hiring by building a better job seeker and employer experience using AI”