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How come Indeed has so many employees? 15K doing what? SpaceX is sending people to orbit on reusable rockets that can land on a moving platform on the ocean, with 4K less people. How is this even possible? Are most of Indeed employees sales reps?
Would anyone know how many employees they had pre-pandemic? (i.e. how much they grew recently)
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You probably underestimate the marketing, sales, and support aspects. Also, there are no doubt a ton of spam/scam jobs being posted constantly. I'm not saying it adds up to 15K, just more than you or I would think...
sorry I'm with the parent poster on this one - Indeed was bloated
Indeedian here, thankful to not have been in the 2200. Was a bit chaotic this morning, it doesn't seem like there was any clear pattern to who got layed off. Managers were given no advance notice for this either, know our manager was trying this morning to figure out over Slack who was affected by asking everyone.
If managers didn’t know, how was the decision taken? I am a manager (not indeed but other company just doing layoffs) here and I received a first estimate of my boss and I adjust when I will let go whom (based on business needs).
There is a spreadsheet, with performance scores, salaries, bonuses, benefits, etc.
Sort the spreadsheet by cost and start chopping from the top, or maybe work up from the bottom. Maybe skip every every other employee. C-level and VPs will give additional guidance, maybe 80% of DEI and HR Staff, 40% of Product, etc.
Once there is a list, it may travel to HR or other managers to check or confirm -- make sure you're not accidently laying off some superstars or key initiative personnel -- and then the list is finalized and notices go out. There may not even be any veto; here's the list, adios amigos.
Source: did IT hiring and firing, was involved w/ this at a a couple F500s -- tho not any recently.
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Indicates this layoff is probably actually cost-cutting necessity, given it had to be done immediately with no regard to performance.
there were definite patterns. Certain orgs, roles, and offices seem to have been more heavily affected than others
Betting DEI, HR, Product & Project Mgmt, and internal tooling -- which would be in line w/ most of the other layoff.fyi research
The irony is that Indeed is not the best place to find work for those 2200 who lost their jobs. Indeed used LinkedIn to hire me :3
That is pretty ironic, I guess. Like firetruck catching fire or ambulance getting in an accident. 2,200 people go. This is roughly 15% of our team. Why does such a company need 15k employees to begin with? That seems like too many for a site that does not produce anything tangible. Coding, support, marketing, sales, etc. does it really add up to 15K?
You probably underestimate the marketing, sales, and support aspects. Also, there are no doubt a ton of spam/scam jobs being posted constantly. I'm not saying it adds up to 15K, just more than you or I would think...
Different rules and roles for data retention, security, privacy, etc. Different languages and interfaces, completely different cultures with regards to sales, marketing, hiring, etc. Regulations -- both official and "official" -- could be very complex. Laws, taxes and accounting may be wildly different. Hiring in France or Germany, for example, is totally different beast than in the US. Very different roles for Unions, employee retention, trial periods, etc. These need to be baked into the website, otherwise you're just Craigslist in a different language -- and CL is already there.
Then there may be deep regional differences in those countries, just as how different states in the US can have all sorts of different, often subtly nuanced, laws. It's not just US law, it's California Law vs. New York Law vs. Delaware -- which means you need an accountant who can do each of those.
And then there is the offshore work, stuff that's contributing to the main efforts. QA teams in Croatia, Support in Mexico or India, etc.
The base code may be the same for those websites, and plenty of shred repos, but it isn't just hiring 2-3 locals, getting something translated, and then slapping some VMs & containers on AWS Europe and calling it a day.
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Start a competitor to Indeed and attract their customers with your superior cost structure.
I can think of 2,200 people he can hire immediately.
2200 HR and DEI drones, legal and financial specialists in parts of LATAM that don't make money, etc.
It is probably not very comfortable for the folks whose job searches now begin on the website they used to be paid to develop. Oof. <3 to the 2200.
I've had good luck w/ indeed but it's not like they can't be easily replicated.
Earlier quoted context omitted.
You probably underestimate the marketing, sales, and support aspects. Also, there are no doubt a ton of spam/scam jobs being posted constantly. I'm not saying it adds up to 15K, just more than you or I would think...
Not saying it wasn't bloated, but international websites -- Indeed definitely is international -- will have to replicate much of their functionality for their new location. Different rules and roles for data retention, security, privacy, etc. Different languages and interfaces, completely different cultures with regards to sales, marketing, hiring, etc. Regulations -- both official and "official" -- could be very com…
Earlier quoted context omitted.
You probably underestimate the marketing, sales, and support aspects. Also, there are no doubt a ton of spam/scam jobs being posted constantly. I'm not saying it adds up to 15K, just more than you or I would think...
Not saying it wasn't bloated, but international websites -- Indeed definitely is international -- will have to replicate much of their functionality for their new location. Different rules and roles for data retention, security, privacy, etc. Different languages and interfaces, completely different cultures with regards to sales, marketing, hiring, etc. Regulations -- both official and "official" -- could be very com…