Recruit, the parent company of Indeed and Glassdoor, is undergoing a restructuring of its HR technology division, leading to additional layoffs at both companies. These layoffs follow recent cost-cutting measures aimed at improving efficiency and adjusting to changing market conditions. Employees across various departments are affected as the company seeks to streamline operations and focus on long-term growth strategies. The restructuring efforts highlight the challenges faced by HR tech companies in a competitive environment and the need to adapt to evolving business dynamics.
