The job portal Indeed has informed its employees in a letter that it is laying off about 1,000 workers, or about 8% of its workforce.
Not all groups and regions are affected equally by the layoffs. According to CEO Chris Hyams’ letter, the affected jobs are primarily located in the United States and are primarily centered around “R&D and some Go-to-Market teams.”
Indeed lay off almost 15% of its workforce at this time last year, citing a decline in employment vacancies after a post-COVID boom.
Hyams stated that the latest wave of layoffs is being implemented “because we need to simplify our organization to make it easier and faster for us to make decisions, and help us to more effectively grow revenue and hires,” in contrast to the previous year when cost savings drove the cuts.
According to Hyams, leaders at Indeed collaborated with teams from HR, legal, and DEIB+—diversity, equity, inclusion, and belonging—to “ensure objectivity and equity in the decision-making process.”
Read Also: Sikorsky Announces Further Layoffs Post Army Program Reduction
“The final selections have had no measurably disproportionate impact on women and under-represented genders or the under-represented minority population in the US,” he continued.
