recruit holdings Archives - RecruitingDaily https://recruitingdaily.com/tag/recruit-holdings/ Industry Leading News, Events and Resources Mon, 14 Nov 2022 17:22:23 +0000 en-US hourly 1 https://wordpress.org/?v=6.2 Recruit Holdings Releases Q2 Earnings https://recruitingdaily.com/recruit-holdings-q2-2022-earnings-report/ Mon, 14 Nov 2022 14:54:04 +0000 https://recruitingdaily.com/?p=41414 Recruit Holdings, the Japanese parent-company of Indeed and Glassdoor, has released its quarterly earnings report. Overall the numbers are strong, both from a revenue perspective as well as engagement. Indeed... Read more

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Recruit Holdings, the Japanese parent-company of Indeed and Glassdoor, has released its quarterly earnings report. Overall the numbers are strong, both from a revenue perspective as well as engagement.

Indeed saw strong growth, with unique visitors growing from 250 million in March to 300 million in September. Recruit attributes this to several factors, from tweaks made to how they attract traffic, moving from an external measurement tool (Google Analytics) to one built internally. In addition, according to the company: “There has been a partial or full rebound in the number of people participating in the labor force and an increase in the rate of job switching in many countries in which Indeed operates websites.”

Recruit Holdings also reported continued growth and adoptions of its SMB-oriented business suite Air Business Tools, specifically driven by sales of its applicant tracking system “AirWORK ATS”. The solution is targeted at the Japanese market.

The company has also announced a share buyback of 2.5%, which began mid-October.

You can find the full report here.

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