Today is truly a historic day in the world of job seeking! Job search giant Glassdoor.com has just announced that they have been sold to Recruit Holdings for $1.2 B.
Glassdoor CEO Robert Hohman announced the deal in a tweet, stating, “Excited to announce Glassdoor is joining together with Recruit Holdings.”
Recruit Holdings is a large company based in Japan that primarily focuses on HR-related businesses. For example, they own a number of global staffing firms. But, the one company that’s already in their portfolio that you have definitely heard of is Indeed.com. Glassdoor is the world’s fastest growing job website, while Indeed is ranked as the largest.
Glassdoor and Recruit Holdings cite the following benefits that will come from the acquisition:
Enhance the ability to deliver better solutions to job seekers and employers over the long term
Expand further into the growing HR technology industry
Strengthen capabilities of their HR technology platform with one of the strongest brands in the industry
Brings an experienced and talented Glassdoor management team into Recruit
If you are like most job seekers, you probably don’t remember a time when Glassdoor wasn’t a household name. But, this iconic job website just got its start ten years ago – in June of 2008 – in Mill Valley, California. In this relatively short time, Glassdoor has helped to push the needle of transparency in the workplace – in terms of both pay and company ratings and reviews. They have also provided job seekers another resource for both applying online, and for researching the interview processes within companies.
The transparency created by sites like Glassdoor opens the doors for professionals on both sides of the hiring desk to have more frank and honest conversations about issues, such as equal pay.
Over the last ten years, Glassdoor has grown to now include visitors from more than 190 countries and 770,000 companies. They have participation from more than 160,000 companies — and have received more than 40 million company reviews from employees. This all adds up to 59 million unique visitors per month.
As you can imagine, this is some pretty big news for those job seekers looking for a new career. Glassdoor and Indeed are both incredible sites with unique strengths. It will be exciting to see what the two can create for the future, together.
For the full press release about the Glassdoor acquisition by Recruit Holdings, visit Glassdoor.com: https://www.glassdoor.com/press/new-chapter/
ABOUT THE AUTHOR
Angela Copeland is a Career Coach and Founder of her firm Copeland Coaching, and author of Breaking The Rules & Getting The Job. She also hosts the Copeland Coaching Podcast on Apple Podcasts. You can follow Copeland Coaching on Twitter, Facebook, and Instagram.