Job search platform Indeed to cut 2,200 jobs


FILE PHOTO: A man walks past the offices of Indeed in the centre of Dublin, Ireland, February 10, 2020. REUTERS/Phil Noble

(Reuters) -U.S.-based job search platform Indeed said on Wednesday it will cut about 2,200 jobs, or 15% of its workforce, joining a host of companies rationalizing their labor force following a pandemic-fueled hiring boom.

Chief Executive Chris Hyams, who will take a 25% cut in base pay, said future job openings in general were at or below pre-pandemic levels and that the company was too large.

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