India, July 11 -- Indeed, and Glassdoor are cutting approximately 1,300 jobs as part of a strategic shift by parent company Recruit Holdings to prioritize artificial intelligence in its hiring platforms.
The layoffs, which impact about 6% of Recruit's global workforce, were announced Thursday and primarily affect U.S.-based teams in research, development, and sustainability, though global operations will also see reductions.
In an internal memo, CEO Hisayuki "Deko" Idekoba said, "AI is changing the world, and we must adapt by ensuring our product delivers exceptional experiences for job seekers and employers." He added that nearly one-third of the company's programming code is now AI-generated a figure he expects will soon reach 50%.
As ...