Indeed to cut 2,200 jobs as job postings decline.
TL;DR
Job-listing website Indeed.com will lay off around 2,200 employees, almost 15% of its workforce, due to the anticipated decline in job listings following the post-COVID boom. The layoffs will affect employees across all teams, functions, levels, and regions. The affected employees will receive a 16-week severance package and their regular paychecks until the end of March. The decision comes after Amazon announced its plan to cut around 9,000 employees, primarily from Amazon Web Services, People Experience and Technology, advertising, and Twitch.
- Job-listing company Indeed to lay off 2,200 employees CNN
- Job listing platform Indeed lays off 2,200 employees TechCrunch
- Indeed Lays Off 2200 People, or 15% of Staff, as Job Postings Drop The Information
- Indeed laying off 15% of staff, around 2,200 people KXAN.com
- Job search platform Indeed to cut 2,200 jobs Yahoo Finance
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