Indeed is an American worldwide
employment website
An employment website is a website that deals specifically with employment or careers. Many employment websites are designed to allow employers to post job requirements for a position to be filled and are commonly known as job boards. Other em ...
for job listings launched in November 2004. It is an independent
subsidiary of multinational holding
Recruit Co. Ltd. It is co-headquartered in
Austin, Texas, and
Stamford, Connecticut, with additional offices around the world.
As a single-topic search engine, it is also an example of
vertical search. Indeed is currently available in over 60 countries and 28 languages. In October 2010, Indeed.com passed
Monster.com
Monster.com is a global employment website owned and operated by Monster Worldwide, Inc. It was created in 1999 through the merger of The Monster Board (TMB) and Online Career Centre (OCC). It is a subsidiary of Randstad Holding, a Dutch mult ...
to become the highest-traffic job website in the United States.
The site aggregates job listings from thousands of websites, including job boards, staffing firms, associations, and company career pages. They generate revenue by selling premium job posting and resume features to employers and companies hiring. In 2011, Indeed began allowing job seekers to apply directly to jobs on Indeed's site and offering resume posting and storage.
History
Indeed was co-founded by Paul Forster and Rony Kahan in 2004 in both
Austin, Texas, and
Stamford, Connecticut. The Stamford offices house the company's sales, client services, finance and human resources teams, while the product development staff is based in Austin.
In 2005, Indeed launched their beta version of their "
pay-per-click job advertising network". In addition to searching job postings, it allows the occurrence of words therein to be plotted over time, ostensibly as an indicator of trends in the job markets. The company took an investment round of $5 million in funding from
Union Square Ventures,
The New York Times and
Allen & Company.
Indeed operates in the UK via Indeed UK operations Ltd, which is a subsidiary of Indeed Operations Ireland Ltd, whose ultimate holding company is Recruit Holding Co Ltd. Turnover in the UK for the year to 31 December 2019 was £41.2m.
On October 1, 2012, Indeed became an independent operating unit of Japan-based
Recruit Co. Ltd.
On July 1, 2016, Recruit Holdings Co., Ltd. announced that it had acquired the assets of Indeed's competitor
Simply Hired
Simply Hired is an employment website utilizing desktop and mobile application for an online recruitment advertising network based in Sunnyvale, California. The company was launched in 2003. In 2016, Recruit Holdings Co., Ltd. (owner of Indeed ...
, which would become a publishing partner of Indeed.
On June 21, 2018, Recruit Holdings Co., Ltd. announced that it had acquired the assets of
Glassdoor, which will operate as a distinct and separate part of its growing HR Technology business segment, aligning Glassdoor and Indeed as sister companies.
On May 30, 2019, Indeed announced that it had signed an agreement to acquire Syft, a leading recruiting platform for the hospitality, event, and light industrial sectors in the UK.
On July 12, 2019, Indeed announced that it had signed an agreement to acquire ClickIQ, an automated job advertising technology platform based in the UK.
Sponsorship
Indeed is currently the main sponsor of German football club
Eintracht Frankfurt.
See also
*
Employment website
An employment website is a website that deals specifically with employment or careers. Many employment websites are designed to allow employers to post job requirements for a position to be filled and are commonly known as job boards. Other em ...
*
List of employment websites
This is a list of notable employment websites. An employment website is a web site dealing specifically with employment or careers.
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!Site
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References
External links
*
Recruit (company)
Business services companies established in 2004
Employment websites in the United States
Internet properties established in 2004
Companies based in Stamford, Connecticut
Companies based in Austin, Texas
2012 mergers and acquisitions
American subsidiaries of foreign companies
Professional networks
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