Indeed cuts 15% of workforce, 2200 jobs
indeed.com
Indeed cuts 15% of workforce, 2200 jobs
1–10 of 71 posts
Re: Indeed cuts 15% of workforce, 2200 jobs
#2That 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?
Re: Indeed cuts 15% of workforce, 2200 jobs
#3> I take sole accountability for where we are today. I am deeply and profoundly sorry. I will be taking a 25% cut in base pay. Additionally, more than 75% of my total compensation is directly tied to Indeed revenue growth, and is at risk given current trends.
That’s how you tell people you’re accountable.
Re: Indeed cuts 15% of workforce, 2200 jobs
#4That 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?
This is a really tired trope. Clearly they didn’t need as many people. Clearly they need more than most people think they do.
Re: Indeed cuts 15% of workforce, 2200 jobs
#5It 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.
Re: Indeed cuts 15% of workforce, 2200 jobs
#6That 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?
Start a competitor to Indeed and attract their customers with your superior cost structure.
Re: Indeed cuts 15% of workforce, 2200 jobs
#7That 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?
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.
Re: Indeed cuts 15% of workforce, 2200 jobs
#8That 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?
This is a really tired trope. Clearly they didn’t need as many people. Clearly they need more than most people think they do.
It would be really nice to see the tree diagram that breaks the company structure down to ~100 person 'divisions'
Re: Indeed cuts 15% of workforce, 2200 jobs
#9That 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...
Re: Indeed cuts 15% of workforce, 2200 jobs
#10That 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?
Start a competitor to Indeed and attract their customers with your superior cost structure.
This is the best comeback to the mentally...struggling...people that make the half-baked argument that "tech companies are sooooooo bloated"