Indeed

Short description: American worldwide employment-related search engine for job listings

Indeed, Inc.

Type of business| Subsidiary (independent)

Type of site

| Job search engine
Founded| November 2004; 19 years ago (2004-11)
Headquarters| Austin, Texas , U.S.
Stamford, Connecticut, U.S.
Founder(s)|

* Paul Forster
* Rony Kahan

CEO| Chris Hyams
Employees| 14,600+
Parent| Recruit
Website| indeed.com
Commercial| Yes
Registration| required
Current status| Active
[1][2]

Indeed, Inc. is an American worldwide employment website for job listings launched in November 2004. It is a subsidiary of Japan's Recruit Holdings and is headquartered in Austin, Texas , and Stamford, Connecticut, with additional offices around the world.[3] As a single topic search engine, its central functionality is also an example of vertical search. Indeed is currently available in over 60 countries and 28 languages. In October 2010, Indeed.com surpassed Monster.com to become the highest-traffic job website in the United States.[4]

The site aggregates job listings from thousands of websites, including job boards, staffing firms, associations, and company career pages. They generate revenue by selling premium job posting and resume features to employers and companies hiring.[5] In 2011, Indeed began allowing job seekers to apply directly to jobs on Indeed's site[6] and offering resume posting and storage.[7]

## Contents

* 1 History
* 2 Sponsorship
* 3 See also
* 4 References
* 5 External links

## History

Indeed was cofounded by Paul Forster and Rony Kahan in 2004 in both Austin, Texas, and Stamford, Connecticut.[8] The Stamford offices house the company's sales, client services, finance and human resources teams, while the product development staff is based in Austin.[3]

In 2005, Indeed launched their beta version of their "pay-per-click job advertising network".[9] In addition to searching job postings, it allows the occurrence of words therein to be plotted over time, ostensibly as an indicator of trends in the job markets. The company took an investment round of $5 million in funding from Union Square Ventures, The New York Times and Allen & Company.[10]

Indeed operates in the UK via Indeed UK operations Ltd, which is a subsidiary of Indeed Operations Ireland Ltd, whose ultimate holding company is Recruit Holding Co Ltd. Turnover in the UK for the year to 31 December 2019 was £41.2m.[citation needed]

On October 1, 2012, Indeed became an independent operating unit of Japan-based Recruit Co. Ltd.[11]

On July 1, 2016, Recruit Holdings Co., Ltd. announced that it had acquired the assets of Indeed's competitor Simply Hired, which would become a publishing partner of Indeed.[12]

On June 21, 2018, Recruit Holdings Co., Ltd. announced that it had acquired the assets of Glassdoor, which will operate as a distinct and separate part of its growing HR Technology business segment, aligning Glassdoor and Indeed as sister companies.[13]

On May 30, 2019, Indeed announced that it had signed an agreement to acquire Syft, a leading recruiting platform for the hospitality, event, and light industrial sectors in the UK.[14]

On July 12, 2019, Indeed announced that it had signed an agreement to acquire ClickIQ, an automated job advertising technology platform based in the UK.[15]

On March 22, 2023, Indeed announced that they would be laying off 2,200 employees, stated to be 15% of their workforce.[16]

## Sponsorship

Indeed is currently the main sponsor of German soccer club Eintracht Frankfurt.[17]

## See also

* Employment website
* List of employment websites

## References

1. ↑ "Leadership". https://www.indeed.com/about/leadership.
2. ↑ "About Indeed". https://www.indeed.com/about.
3. ↑ 3.0 3.1 "Indeed announces plans for several hundred new Stamford jobs". StamfordAdvocate. http://www.stamfordadvocate.com/business/article/Indeed-announces-plans-for-several-hundred-new-11283124.php.
4. ↑ Schonfeld, Erick (November 17, 2010). "Indeed Slips Past Monster, Now Largest Job Site By Unique Visitors". https://techcrunch.com/2010/11/17/indeed-monster-largest-job-site/.
5. ↑ "8 Alternatives to Indeed | Job Search" (in en-US). Bagsy. 2019-10-05. https://www.bagsy.org/8-alternatives-to-indeed/.
6. ↑ "New Feature: Indeed Apply". Resfly Blog. Resfly. http://www.resfly.com/2012/02/new-feature-indeed-apply/.
7. ↑ Zappe, John (September 14, 2011). "Indeed Makes it Official and Launches Resume Search". http://www.ere.net/2011/09/14/indeed-makes-it-official-and-launches-resume-search/.
8. ↑ "Founders". InternetInc.com. http://www.indeed.com/founders.jsp.
9. ↑ Baker, Loren (2006-05-16). "Indeed.com Launches Job Search PPC Advertising Network". Search Engine Journal. http://www.searchenginejournal.com/indeedcom-launches-job-search-ppc-advertising-network/3420/.
10. ↑ Shontell, Alyson (25 September 2012). "Indeed, An Almost Entirely Bootstrapped Job Search Giant, Gets A Monster Exit". Business Insider. http://www.businessinsider.com/indeed-an-almost-entirely-bootstrapped-job-search-giant-gets-a-monster-exit-2012-9.
11. ↑ "Indeed Announces Acquisition by Recruit Co. Ltd". http://www.indeed.com/pressrel/indeed-announces-acquisition-by-recruit-co-ltd.jsp.
12. ↑ Lunden, Ingrid. "Indeed owner Recruit Holdings confirms acquisition of Simply Hired". Techchrunch. https://techcrunch.com/2016/07/01/indeed-owner-recruit-holdings-confirms-acquisition-of-simply-hired/.
13. ↑ "Recruit Holdings Announces Completion Of Glassdoor Acquisition". https://www.prnewswire.com/news-releases/recruit-holdings-announces-completion-of-glassdoor-acquisition-300669980.html.
14. ↑ "Indeed confirms acquisition of Syft". Indeed. http://press.indeed.com/press/indeed-announces-acquisition-of-recruiting-platform-syft/.
15. ↑ "Indeed announces acquisition of automated recruitment technology platform ClickIQ". Indeed. http://press.indeed.com/press/indeed-announces-acquisition-of-automated-recruitment-technology-platform-clickiq/.
16. ↑ "Archived copy". https://www.kxan.com/news/business/indeed-laying-off-15-of-staff-around-2200-people/.
17. ↑ Bassam, Tom (2019-08-16). "Eintracht Frankfurt extend Indeed shirt deal through 2023 – SportsPro Media". https://www.sportspromedia.com/news/eintracht-frankfurt-indeed-shirt-sponsorship-2023.

## External links

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