It generates revenue by selling premium job posting and resume features to employers and companies hiring.
[8] The Stamford offices house the company's sales, client services, finance, and human resources teams, while the product development staff is based in Austin.
[13] 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.
[14] 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.
Indeed CEO Chris Hyams announced on May 13 in a letter to employees, a move driven in part by "a global slow-down in hiring," the message said.
“Despite our efforts so far, our organization is still too complex,” he continued, indicating that the company is aiming to "simplify" areas of the business to make decision-making faster.