When the “Help Wanted” websites are laying people off, it can’t be good.
12 hours ago at Glassdoor website:
A MESSAGE FROM GLASSDOOR CEO, CHRISTIAN SUTHERLAND-WONG
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.
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.