Recruit Holdings Cuts 1,300 Jobs, HR Technology Segment Dominates

Recruit Holdings, a Japan-based HR technology company, is cutting 1,300 jobs as it focuses on its core businesses. The company operates through three segments: HR Technology, Matching & Solutions, and Staffing. HR Technology provides online job matching platforms such as Indeed and Glassdoor, while Matching & Solutions offers recruitment services and sales promotion. Staffing provides temporary staffing services.

Recruit Holdings, a leading Japanese HR technology company, has announced plans to reduce its workforce by approximately 1,300 jobs, primarily within its HR Technology segment, which operates job sites Indeed and Glassdoor [1]. The job cuts, set to take effect by April 1, 2026, represent about 6% of the HR Technology segment's total workforce [1].

The company has stated that the earnings guidance for the fiscal year ending March 2026 remains unchanged, indicating that the impact of these reductions has already been factored into the guidance [1]. This strategic move is part of Recruit Holdings' broader efforts to streamline operations and focus on its core businesses, including HR Technology, Matching & Solutions, and Staffing.

In a related development, Indeed, a subsidiary of Recruit Holdings, has also announced layoffs, affecting 92 workers from its Seattle office as part of broader cutbacks impacting 1,300 workers globally [2]. These layoffs, which include remote employees, are scheduled to take place on September 9, 2025 [2]. The layoffs are part of Recruit Holdings' broader plan to integrate Indeed and Glassdoor, with Glassdoor CEO Christian Sutherland-Wong stepping down from the company [2].

Recruit Holdings CEO Hisayuki “Deko” Idekoba has cited the impact of AI on the job market, stating that the company must adapt by ensuring its products deliver great experiences for job seekers and employers [2]. This strategic shift aims to create a more efficient structure and culture that supports the company's priorities.

Meanwhile, in a separate development, Meta Platforms has made a significant investment in EssilorLuxottica, the parent company of Ray-Ban. The investment, valued at around €3 billion, allows Meta to benefit from the growing demand for AI-driven wearables [3]. This move follows the commercial success of the Ray-Ban Meta glasses, which launched in 2023 and have already sold millions of units [3].

References:
[1] https://www.marketscreener.com/quote/stock/RECRUIT-HOLDINGS-CO-LTD-18248522/news/Recruit-to-Cut-About-1-300-Jobs-at-Indeed-Glassdoor-50484334/
[2] https://www.geekwire.com/2025/job-search-giant-indeed-lays-off-92-workers-from-seattle-office-plans-integration-with-glassdoor/
[3] https://www.techcentral.ie/meta-continues-wearables-push-with-e3bn-investment-in-ray-ban-parent-company/