Indeed and Glassdoor revenue declines, paid job ads down 50%
Uncertain economic conditions impacted revenue at Indeed and Glassdoor. New pricing model affects paid ads.
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Uncertain economic conditions impacted revenue at Indeed and Glassdoor. New pricing model affects paid ads.
Recruitment companies are abandoning annual earnings forecasts, squeezed by a softening labor market in which employers are paying for fewer job listings.
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Recruitment companies are abandoning annual earnings forecasts, squeezed by a softening labor market in which employers are paying for fewer job listings.
Recruit Holdings Co. Ltd. reported revenue fell 2.1% in constant currency in its fiscal first quarter ended June 3030 June. Indeed paid job ads down by 50%.