AUSTIN (KXAN) — Career site Indeed is letting go of roughly 8% of its staff, approximately 1,000 people, according to a letter shared with employees on Monday.
The layoffs affect many groups and regions, but they are not across the board. The impacted jobs are mostly concentrated in the U.S. and more focused on "R&D and some Go-to-Market teams," CEO Chris Hyams said in the letter.
Around this time last year, Indeed laid off about 15% of its staff, citing a decrease of job openings following a post-COVID boom.