Indeed said it expects to lay off about 2,200 employees, or 15% of its workforce, and that the cuts will come from nearly every team, function, level and region at the company
As interest rates rise and companies tighten their belts, white-collar workers have taken the brunt of layoffs and job cuts, breaking with the usual pattern leading into a downturn. WSJ explains why many professionals are getting the pink slip first. Illustration: Adele MorganInternet job-search platform Indeed on Wednesday said it expects to lay off about 2,200 employees, or 15% of its workforce.
The Recruit Holdings Co. -owned platform said the cuts will come from nearly every team, function, level and region at Indeed and Indeed Flex, an app for job seekers looking to find temporary work.
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