The national job advertising market is taking its toll on the big job board companies. Indeed announced last week that it it laying off 1,000 people mainly in the U.S.. The cuts will come from R&D and go to market teams. At this point we have likely seen the peak of Indeed’s power in our…
Indeed has recently introduced something called “Specialist Media Networks” to help employers hire for competitive and hard-to-fill roles. Designed to reach more people with specific, in-demand skills, employers can now opt into a network when sponsoring a job on Indeed…I assume for an extra fee. The first Specialist Media Network, Indeed’s Tech Network, distributes an employer’s…
A reader asks… I hear Indeed is ending their CPA (story). Do you think this will affect revenue for boards that used this as a stream of income? Just curious of your thoughts on this topic. My Response… Well it wasn’t on Indeed for very long so i don’t think it will affect anyone else. If it…
Ziprecruiter and Indeed both reported earnings last week. Here’s a breakdown of each. ZipRecruiter® announced financial results for the quarter ended September 30, 2023. Complete third quarter 2023 results can be found by accessing ZipRecruiter’s shareholder letter on the quarterly results page of the Investor Relations website at investors.ziprecruiter.com. “Third quarter results demonstrate an additional proof…
Indeed’s parent company Recruit Holdings just announced their latest quarterly earnings and sales from Indeed & Glassdor are flat according to the latest numbers. At the same time they’ve been rolling out their new pay-per-applicant business model which is proving to be a challenge. The screenshot below is just one of a number of instances…
Recruit Holdings the owner of Indeed reported 2022 3rd quarter earnings. Their earnings report has few details on Indeed’s numbers however. Industry veteran Adam Berkowitz, who was with Nexxt (Beyond) going back to their origins, recently joined Adzuna as a US Partnership Manager. Adam has been in our industry going back almost 20 years (has it…
If you thought Indeed was already big enough in the industry get ready for another big move. After years of shunning Google for Jobs, the job search giant is now allowing their jobs to be indexed by the search engine. This means yet MORE traffic for a job board thats already getting something like 63…
Two job boards received funding last week and one of them just became a unicorn. First is RoleBot, it bills itself as AI-powered job board for top-tier, passive talent. It got 4.5 million in seed funding. Rolebot’s AI finds the most promising talent likely to look for a new opportunity by creating an ideal look-alike…
ZipRecruiter has long run TV ads directly at employers and now Indeed has their own too. Up to now they have been mostly targeting consumers with their ads for job search but a new ad called “Shortlist” that speaks directly to business owners is currently airing. The ad hits directly at two key benefits, their…
News broke this morning via press release that Indeed’s parent company, Recruiting Holdings has acquired Canada’s top job board Workopolis. The release was short and sweet; TOKYO & TORONTO–(BUSINESS WIRE)–Recruit Holdings Co., Ltd. announced today that it will acquire the website and assets of Canadian job site, Workopolis.com through one of its group companies. Indeed,…