Indeed and Glassdoor each cutting workforces by 15% . . . The job listing companies are doing layoffs. (Let that sink in.)

When the “Help Wanted” websites are laying people off, it can’t be good.

12 hours ago at Glassdoor website:


Unfortunately, we have reached that point. It is with a heavy heart that I share that I have made the difficult decision to reduce our workforce. Today we are going to say goodbye to around 140 of our colleagues, who represent approximately 15% of the Glassdoor team.


Yesterday from Indeed Website

A Message from our CEO, Chris Hyams March 22, 2023

This message was shared earlier today with Indeed employees

I am heartbroken to share that I have made the difficult decision to reduce our headcount through layoffs. This is a decision I truly hoped I’d never have to make. . .

We anticipate we will be letting approximately 2,200 people go. This is roughly 15% of our team. The cuts come from nearly every team, function, level and region at Indeed and Indeed Flex.


From San Fran Chronicle

Tech layoffs: Job sites Indeed and Glassdoor to slash workforces

Job posting site Indeed will reportedly lay off 2,200 people from its global staff, around 15% of the company, CEO Chris Hyams told employees Wednesday and in a note posted to the company’s site.


From Forbes

2023 Layoff Tracker

March 22: A round of cuts at Indeed will affect 2,200 of its more than 14,600 employees from “nearly every team,” CEO Chris Hyams said in a statement, writing the cuts come as the job market cools following a “recent post-Covid boom,” and warning tech revenue will likely decline in fiscal years 2023 and 2024.

Oops forget the indeed link

Losing a job is awful; however it does seem these CEOs have handled what is never easy in an open and honest way.

Allowing impacted individuals to keep their laptop and providing 4 months pay and health insurance is at least some buffer.


Off the top of my head I don’t think the CEOs are doing anything wrong.

I do hope people prepare for a rainy day (if they haven’t already,) because it looks like the rain really is coming.

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