After so many A/B tested teary emails and LI posts about how hard it was to let people go, they're already staffing up groups that were completely savaged by layoffs. Had a group of 4 peers from a previous job, who were all laid off by Indeed. Their manager was shuffled over to something else. Next Monday, a different acquaintance starts a new position, recreating and managing the group that was just eliminated. I know this is just part of the industry, but it really irks me. Chris had toadies singing his gospel "He tried everything he could to avoid layoffs!" Completely ignoring the fact that they didn't try a single cost-cutting move until it was so late in the game they had to cut to the bone. And now, hey, whaddya know? Those people were actually doing work we can't afford to ignore. #layoff
Tbh Indeed is one of the top places I want to work at seems really chill
It’s pretty chill
It’s great for coasting, but boring and you don’t develop professionally as everything is extremely inefficient. Changes that take 2 weeks to make in a big startup might take 9 months here 😅 This is my first enterprise company though.
This is the fake tech story. They all say they are changing the world with innovation, but in reality, most tech is hive mind copycats. Very few companies will benefit from the recent layoffs, but they all had to do it to appear competent
Anyone here still looking for a role - DM me for a Bytedance/TikTok referral if interested
Calling bullshit on this. There was no hiring within a week of the layoffs, and there’s no way in hell anyone in leadership was looking to hire a new manager with the reorg staring them down for another month.
Wasn’t a week but marketing posted jobs of folks that I know were laid off by mid-April.
Go on LinkedIn and search "excited to start at Indeed". My bud isn't the only one.
Saw a promotion in one of the ravaged areas just days after layoffs. Then adding those roles to fill exactly the same place as those laid off is salt in the wound and proof of poor leadership just taking the consultant's recommendation to pass the blame without pushing back for critical area needs.
Promotions haven’t happened yet so #doubt
It’s true. Just because something hasn’t been broadly announced doesn’t mean it’s not already in the system with a future effective date.
Need more bodies for next round of layoffs, we have so many Amazon people why is this is so surprising
Getting rid of high tcs with lower tcs is their goal
I’m not saying this is incorrect but it would be really stupid if it were true. The cost to lay people off, then hire and ramp new people would be the opposite of savings. How long will it take for those lower salaries to make up the difference? A year or more? I doubt this is what they’re doing. Never attribute to malfeasance what can more easily be explained by incompetence.
There will be more layoffs there. Just think about the main product-A job site…..that companies pay to post on….but can really do this for free…I give Indeed 7 years max to survive.
This! They will soon become Monster.com or Career Builder
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I’m sure they are paying the new hires less than they did before, so it might still be a win for indeed.
Remains to be seen, but probably. Also probably much easier to juice the Employee Satisfaction numbers with noobs who never had the fancy lunches than keeping folks around who will always remember how things used to be.
This is absolutely the case. Still saving money.