Indeed, Glassdoor to layoff 1300 employees: 'AI is changing the world, and we must adapt by ensuring …'

The wave of layoffs is not going to end anytime soon. Now, job search platforms Indeed and Glassdor have announced job cuts. Both the platforms owned by Japanese conglomerate Recruit Holdings . As reported by Reuters, the company is planning to layoff 1300 employees globally. The latest round of job cuts at the company will affect 6% of its workforce and it comes as the company intensifies its focus on artificial intelligence (AI) and streamlines operations.

Indeed, Glassdoor layoffs : Here’s what the company said
According to Reuters an internal memo by Recruit Holdings CEO Hisayuki “Deko” Idekoba reveals that layoffs are largely driven by the transformative impact of AI on the hiring ecosystem. The job cuts will primarily impact the teams in the United States. The layoffs will impact the professionals in research and development, growth, and sustainability roles.

“AI is changing the world, and we must adapt by ensuring our product delivers truly great experiences for job seekers and employers,” reads the internal memo.

Along with the job cuts, the company has also announced that as part of ongoing restructuring divide, Recruit Holdings will fully integrate Glassdoor's operations into Indeed. The company aims to simplify and make the process of hiring more efficient with this integration. This step of the company also prompts the departure of Glassdoor CEO Christian Sutherland-Wong on October 1.

In addition to Sutherland-Wong’s exit, LaFawn Davis, Indeed’s Chief People and Sustainability Officer, will step down on September 1, with Ayano Senaha, Recruit’s Chief Operating Officer, stepping in as her successor.