In a significant move reflecting the ongoing transformation in the tech industry, a prominent Japanese firm has announced plans to reduce its workforce by approximately 1,300 employees across its job search platforms. This decision is part of a larger strategy aimed at integrating operations and enhancing the use of artificial intelligence (AI) in their services.
The layoffs will primarily impact teams in the United States, particularly within research and development, technology, and human resources sectors. However, the restructuring will also influence various roles in other countries, as indicated by an internal communication from the company’s CEO. This reduction represents about 6% of the workforce in the HR technology division.
According to the company, AI technology has been instrumental in streamlining the job search process, reportedly assisting individuals in finding employment every 2.2 seconds. The organization is committed to improving the hiring experience for both job seekers and employers by leveraging AI capabilities.
In the CEO’s memo, he emphasized the necessity of adapting to the rapid changes brought about by AI, stating, “AI is revolutionizing the job market, and we must evolve to ensure our offerings provide exceptional experiences for all users.” This highlights the company’s dedication to staying ahead in a competitive landscape.
As part of this restructuring, the current leader of one of the platforms will be departing the company, alongside another key executive responsible for people and sustainability initiatives. These changes signal a shift in leadership as the company navigates its new direction.
The announcement of job cuts aligns with a broader trend in the technology sector, where numerous companies are reevaluating their sustainability efforts and workforce sizes in response to the financial implications of integrating AI technologies. Major players in the industry have also reported significant layoffs, indicating a widespread adjustment to the evolving market conditions.
Additional insights have been incorporated from the internal memo.