Job site Indeed cuts around 1,000 jobs in second layoff in two years
ETtech.com -

Indeed Inc. plans to cut about 1,000 employees, or roughly 8% of its workforce, the job-search website’s second culling in two years as it seeks to simplify its business in a cooling labor market.The Austin-based company will concentrate the latest round of cuts in the US with a focus on its research and development and some teams that bring products to customers, Chief Executive Officer Chris Hyams said in a message to employees on Monday. The unit of Japan’s Recruit Holdings Co. is...

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