Indeed

Indeed, Inc. is an American multinational employment website for job listings launched in November 2004. It is an independent subsidiary of Japan-based company Recruit Holdings. It is headquartered in Austin, Texas, and Stamford, Connecticut, with additional offices around the world.[1] 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.[2]

The site aggregates job listings from thousands of websites, including job boards, others like staffing firms, associations, and company career pages. It generates revenue by selling premium job posting and resume features to employers and companies hiring.[3] As a single topic search engine, its central functionality is an example of vertical search. In 2011, Indeed began allowing job seekers to apply directly to jobs on Indeed's site[4] and offering resume posting and storage.[5]

## 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.[6] The Stamford offices house the company's sales, client services, finance, and human resources teams, while the product development staff is based in Austin.[1]

In 2005, Indeed launched the beta version of their "pay-per-click job advertising network".[7] In addition to searching job postings, it allows the frequency of specific words within these postings to be tracked over time, serving as a potential 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 Company and Allen & Company.[8]

On October 1, 2012, Indeed was acquired by Japan-based Recruit Co. Ltd., becoming an independent operating unit.[9]

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.[10]

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.[11]

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.[12]

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.[13]

On March 22, 2023, Indeed announced that they would be laying off 2,200 employees, stated to be 15% of their workforce.[14]

On May 13, 2024, Indeed laid off approximately 1,000 employees, or about 8% of the company. Indeed CEO Chris Hyams announced on May 13 in a letter to employees, a move driven in part by "a global slow-down in hiring," the message said. The vast majority of the layoffs were in the US, Hyams said, largely within R&D and the go-to-market teams. "While the global economy has improved in several areas over the past year, we are not yet set up for sustainable growth," Hyams said. “Despite our efforts so far, our organization is still too complex,” he continued, indicating that the company is aiming to "simplify" areas of the business to make decision-making faster.[15]

On July 10, 2025, the HR Technology segment of Recruit Holdings Co., Ltd., which operates Indeed and Glassdoor, announced a reduction of approximately 1,300 employees, representing about 6% of the segment's total workforce as of April 1, 2025.[16] Four months after these layoffs, Indeed conducted another round of comparatively minor reductions in headcount, citing the role of AI on employment in the technology industry.[17]

## Sponsorship

Indeed is currently the main sponsor of German soccer club Eintracht Frankfurt.[18] They also agreed a multi-year sponsorship deal with Brentford from the 2026–27 season.[19]

## See also

* Employment website
* List of employment websites

## References

1. ↑ 1.0 1.1 Schott, Paul (July 12, 2017). "Indeed announces plans for several hundred new Stamford jobs". Stamford Advocate. http://www.stamfordadvocate.com/business/article/Indeed-announces-plans-for-several-hundred-new-11283124.php.
2. ↑ 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/.
3. ↑ "8 Alternatives to Indeed" (in en-US). October 5, 2019. https://www.bagsy.org/8-alternatives-to-indeed/.
4. ↑ "New Feature: Indeed Apply". Resfly Blog. http://www.resfly.com/2012/02/new-feature-indeed-apply/.
5. ↑ 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/.
6. ↑ "Founders". http://www.indeed.com/founders.jsp.
7. ↑ Baker, Loren (May 16, 2006). "Indeed.com Launches Job Search PPC Advertising Network". Search Engine Journal. http://www.searchenginejournal.com/indeedcom-launches-job-search-ppc-advertising-network/3420/.
8. ↑ Shontell, Alyson (September 25, 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.
9. ↑ "Indeed Announces Acquisition by Recruit Co. Ltd" (Press release). Stamford, Connecticut: Indeed. September 25, 2012. Archived from the original on January 13, 2014. Retrieved October 1, 2012.
10. ↑ Lunden, Ingrid. "Indeed owner Recruit Holdings confirms acquisition of Simply Hired". https://techcrunch.com/2016/07/01/indeed-owner-recruit-holdings-confirms-acquisition-of-simply-hired/.
11. ↑ "Recruit Holdings Announces Completion Of Glassdoor Acquisition" (Press release). Glassdoor. Archived from the original on September 21, 2021. Retrieved June 21, 2018 - via PR Newswire.
12. ↑ "Indeed confirms acquisition of Syft" (Press release). Indeed. Archived from the original on December 24, 2019. Retrieved May 30, 2019.
13. ↑ "Indeed announces acquisition of automated recruitment technology platform ClickIQ" (Press release). London, UK: Indeed. July 12, 2019. Archived from the original on June 30, 2021. Retrieved July 12, 2019.
14. ↑ Jones, Abigail; Al-Shaikh, Sarah (March 22, 2023). "Indeed laying off 15% of staff, around 2,200 people". https://www.kxan.com/news/business/indeed-laying-off-15-of-staff-around-2200-people/.
15. ↑ Novak, Shonda (May 14, 2024). "Austin-based Indeed.com cutting about 1,000 jobs, or roughly 8% of its global workforce". https://www.statesman.com/story/business/real-estate/2024/05/13/indeed-layoffs-jobs-cut-austin-texas-ceo-chris-hyams/73674932007/.
16. ↑ "Recruit Holdings' HR Technology Segment Announces Workforce Reduction" (in en). July 11, 2025. https://recruit-holdings.com/en/newsroom/20250711_0001/.
17. ↑ Chandonnet, Henry (November 6, 2025). "Indeed lays off a 'very small' number of employees months after summer job cuts" (in en). https://archive.today/20251106164745/https://www.businessinsider.com/indeed-layoffs-job-cuts-after-summer-reorg-2025-11.
18. ↑ Bassam, Tom (August 16, 2019). "Eintracht Frankfurt extend Indeed shirt deal through 2023". https://www.sportspromedia.com/news/eintracht-frankfurt-indeed-shirt-sponsorship-2023.
19. ↑ "Brentford announces Indeed as new principal and front-of-shirt partner Brentford FC". https://www.brentfordfc.com/en/news/article/club-news-brentford-announces-indeed-new-principal-front-of-shirt-partner.

## External links

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