Careers site Indeed to lay off 1,000 workers

[aguest000]

Careers site Indeed says it will lay off roughly 1,000 employees as it looks to simplify its organization.

https://www.businessinsider.com/indeed-layoffs-ceo-chris-hyams-memo-2024-5

 

[bearpat]

@aguest000 At least they can use indeed to find the next job.

 

[xavier363]

@bearpat Indeed

 

[bibletruths]

@xavier363 Indeed you do they will...

 

[sheepduane]

@bearpat Ive had more success with Indeed than Linkedin, but not by much.

 

[aspie34]

@bearpat Wishful thinking

 

[victorwaves]

@aguest000 Amazes me why they even have more than 1000 employees

 

[james007r]

@victorwaves That was my first thought as well. Apparently, they employ over 14,000 people. Soon to be over 13,000, I guess.

 

[pookatini]

@james007r Fucking HOW

 

[blessedbythebest88]

@pookatini Those cloud servers don't power themselves.

 

[ws82]

@blessedbythebest88

Amazes me why they even have more than 1000 employees

It's like the "Twitter to X" transformation all over again.

 

[imehkbeetz]

@ws82 Twitter in general, that’s why Elon had to lay off so many because it was ridiculous

 

[yeshuashomri]

@pookatini I hear they have operators with headsets that connect search queries to results.

 

[soulace]

@pookatini It’s actually part of a Japanese company that also owns Glassdoor. Their stock is OTC under RCRRF.
I think the layoffs and employee count is across the whole enterprise.

 

[elin2011]

@victorwaves Tell me why Docusign has 7300!

 

[madhatter99]

@elin2011 So they can email me complaining about me using my account wrong and upsell me.

 

[bibletruths]

@elin2011 "Operations and Customer Support" /s

 

[klj]

@aguest000 Concerning given the success of a product such as Indeed is directly related to the healthiness of the employment market.

More jobs advertised means more revenue, and more growth, so more employees.

Now I haven't looked into the exact fundamentals of Indeed, maybe they are riddled with debt and it is an interest rates issue. But a careers site making lay offs seems pretty ominous to me.