Tuesday, May 28, 2024

Online recruiter Indeed to cut another 1,000 jobs globally with some Irish roles expected to go

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Online recruitment platform Indeed has announced plans to shed 1,000 jobs globally, around 8 per cent of its total workforce, with a number of roles expected to go at its Irish operation.

In a press release this evening, Indeed chief executive Chris Hyams said Irish employees would find out on Monday evening whether they will enter a 30-day consultation period regarding their future with the group. However, he said the cuts will be “mostly concentrated” in the US and are “more focused” on research and development and go-to-market teams than other recent rounds of redundancies.

It marks the second round of job cuts at the US company in the past two years after Indeed shed 2,200 roles globally last year, more than 200 of them in Dublin.

“I am sad to share the news that we have made the difficult decision to reduce our headcount through a lay-off,” Mr Hyams said. “Unlike last year, where our reduction was driven by cost savings, we are taking this action because we need to simplify our organisation to make it easier and faster for us to make decisions, and help us to more effectively grow revenue and hires.”

A spokesperson for Indeed was not immediately available for further comment.

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