Recruit Holdings Announces Completion Of Glassdoor Acquisition

Glassdoor to operate as distinct and separate part of Recruit Holdings' growing HR Technology business segment

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Jun 21, 2018, 02:21 ET

MILL VALLEY, Calif., June 21, 2018 /PRNewswire/ -- Recruit Holdings Co., Ltd. today announced it has completed its previously announced acquisition of Glassdoor. Glassdoor is a leading job and recruiting company well known for providing greater workplace transparency. Recruit Holdings, a leading Japanese-based HR company, will operate Glassdoor as a distinct and separate part of its growing HR Technology business segment, aligning Glassdoor and Indeed as sister companies.

"Glassdoor has transformed how people search for jobs and how companies recruit. Joining with Recruit allows Glassdoor to accelerate its innovation and growth to help job seekers find a job and company they love while also helping employers hire quality candidates," said Robert Hohman, Glassdoor CEO and co-founder, who will continue to lead the company. "Over the past ten years, Glassdoor has built an incredible foundation and now it's time to expand our efforts to further help job seekers, employees and employers everywhere."

"I am delighted to welcome Glassdoor to the Recruit Group. Glassdoor presents a powerful platform that is changing how people find jobs everywhere," said Hisayuki Idekoba (Deko), Recruit Chief Operating Officer and Head of Recruit's HR Technology Segment. "Glassdoor is an impressive company with strong leadership, mission, products, clients and employees. We are excited to help them continue to grow and deliver value to the job seekers and employers they serve."

Glassdoor, which launched in 2008, is one of the largest job sites in the U.S. and welcomes 59 million people to its platform each month.* People come to find the latest jobs combined with insights into jobs and companies. Glassdoor currently has rich data on more than 770,000 companies located in more than 190 countries. This includes more than 40 million reviews and insights, including company reviews, CEO approval ratings, salary information, interview questions, office photos and more. In addition, Glassdoor provides recruiting solutions to more than 7,000 employers, including 40 percent of the Fortune 500.

Founded in 1960, the Recruit Group creates and provides platforms that connect companies and consumers. Headquartered in Tokyo, Japan, the Group operates a wide range of services, including HR technology, recruitment advertisement, employment placement, staffing, housing and real estate, bridal, travel, dining, beauty and others. The Group has more than 45,000 employees and operates in more than 60 countries.

About Glassdoor
Glassdoor combines all the latest jobs with millions of reviews and insights to make it easy for people to find a job that is uniquely right for them. As a result, Glassdoor helps employers hire truly informed candidates at scale through effective recruiting solutions like job advertising and employer branding products. Launched in 2008, Glassdoor now has reviews and insights for 770,000 companies located in more than 190 countries. For more information, visit glassdoor.com.

Glassdoor® is a registered trademark of Glassdoor, Inc.

*Unique users represents peak monthly unique users in calendar quarter Q1 2018

SOURCE Glassdoor