Back in 2012, Recruit Holdings – a Japanese company – purchased Indeed for an undisclosed amount that may have been between $750 million and $1 billion in the midst of a purchasing spree. They went on to buy smaller recruiting companies such as Interviewed and SimplyHired in a bid to expand, and now they have acquired the massive platform Glassdoor.
The announcement came in the evening outside of normal business hours in the states, a contrast to the importance of the move.
Co-owner of Job.com, Arran Stewart, even said “[Recruit is out] to come steal everyone’s lunch. Fact.”
Read more here.
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