Another "Help You Find a Job" Site Is Laying Off Their Staff
This tale of unemployment irony involves ZipRecruiter:
Fewer employers looking for workers means 270 employees at job search site ZipRecruiter will soon be out of a job.
The company is cutting 20% of its staff by the end of this month, the company disclosed in a filing late Wednesday.
“This action was taken in response to current market conditions and after reducing other discretionary expenses, with a view toward driving long-term efficiency,” according to the filing.
[SNIP]
About half of the 270 employees losing their job are in the sales and customer support teams. The company will take a charge of between $7 million to $9 million to cover severance costs. It expects to still make the same level of profits, excluding special items such as severance, as in its earlier guidance.
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