Indeed slashing 1,000 roles in 2024 to ‘simplify’ organization

What’s happening at Indeed?

Indeed is eliminating approximately eight per cent of its workforce, or 1,000 positions, in an effort to streamline its operations.

CEO Chris Hyams told employees in a recent memo that the job site is “not yet set up for sustainable growth.”

“Despite our efforts so far, our organization is still too complex, we still have significant duplication of effort and too many organizational layers that slow down decision-making,” Hyams said.

“We have been working to simplify every aspect of our business, but without meaningful change, we can’t get where we need to go.”

He added that affected staff will receive more information about their severance packages via email.

SEE ALSO
• LinkedIn laying off nearly 700 workers, second cut in months
• Walmart cutting hundreds of corporate jobs, Canadians reportedly affected
• Tesla kicks off May with fresh round of layoffs

Impact on Canadian staff

It remains unclear if any Canadian employees at Indeed have been let go.

According to the company’s LinkedIn page, it has more than 500 workers in the country.

Termination agreements for Indeed Canada employees

In Canada, non-unionized employees at Indeed are owed full severance pay when they lose their jobs due to downsizing, corporate restructuring, or the closure of the business.

This includes individuals working full-time, part-time, or hourly in Ontario, Alberta, and B.C.

People working “on contract” or as a contractor may also be owed severance pay — given that many employees in Canada are often misclassified as independent contractors.

Severance can be as much as 24 months’ pay, depending on a number of factors.

WATCH: Employment lawyer Lior Samfiru explains what rights employees have if they are being fired or let go on an episode of the Employment Law Show.

Before accepting a severance offer, double-check the amount using our firm’s free Severance Pay Calculator. It has helped millions of Canadians determine their entitlements.

In addition to your salary, make sure to factor in any other elements of your compensation (i.e. bonuses, commission, etc.).

If your employer’s offer falls short of what our Severance Pay Calculator says you are owed, it’s very likely that you have been wrongfully dismissed and should contact an experienced employment lawyer at Samfiru Tumarkin LLP.

Non-unionized employees in Canada have up to two years from the date of their dismissal to pursue proper severance pay.

LEARN MORE
• Severance for provincially regulated employees
• Rights to severance for tech sector staff
• Severance packages during mass layoffs

Major tech layoffs continue

The job cuts at Indeed come amid a flurry of tech sector layoffs in 2024.

Big names, including Xbox, Google, Rivian, Take-Two Interactive, SAP Canada, IBM Canada, Netflix, Amazon, Intel, Lightspeed, Dell, Cisco, and Mozilla, have pulled out the axe as they continue to navigate challenging economic conditions.

SEE ALSO
• Whirlpool Layoffs: 1,000 positions axed amid slow home sales
• Gameloft cuts Canadian jobs in April: Reports
• Where are layoffs happening in Canada?

Lost your job? Talk to an employment lawyer

If you have been fired or let go for any reason, contact the experienced employment law team at Samfiru Tumarkin LLP.

Our lawyers in Ontario, Alberta, and B.C. have successfully represented tens of thousands of non-unionized individuals.

In addition to severance package negotiations, we can assist you on a broad range of employment matters, including:

If you are a non-unionized employee who needs help with a workplace issue, contact us or call 1-855-821-5900 to get the advice you need and the compensation you deserve.