CEO of Glassdoor, In fact the parent says that AI will not replace workers

Good morning. As CEO of Recruit Holdings, the $23 billion-a-year parent of Indeed and Glassdoor, among others, Hisayuki “Deko” Idekoba thinks deeply about global labor markets. I spoke with him in Davos last week about what he sees in terms of hiring, firing and risks for companies trying to leverage new technologies.

The headlines for me?

Only a small portion of layoffs have been directly attributed to AI so far. Yet views among workers (especially Gen Z) are more pessimistic, fueling mistrust and “AI anxiety.” “People are screaming that AI is replacing people. That’s not true. We don’t see that kind of data,” he told me. (US employment data and my conversations with other leaders strengthen that conclusion.)
Technology layoffs are highly visible but represent a small portion of total employment; he believes this reflects post-pandemic over-hiring more than AI-driven job destruction.
Big changes are coming to how leaders are sourced and talent evaluated. AI is creating many new challenges for employers, from creating a tsunami of automated applications—often in the millions for Fortune 500 companies—to enabling applicants to hide writing, thinking and analysis deficiencies due to LLMs. As a result, sites like Indeed play a bigger role in verifying qualified candidates to find the funnel, even doing basic background checks up front and helping employers assess how the roles they’re hiring for can improve. “Your team spent a lot of time on this,” he said. “This year, I think CEOs are going to be more sophisticated about ROI.”

And how did he prepare for this transition? For one thing, his teams are designing AI agents to reach job seekers for employers on his platforms, to screen and interact with applicants. Not only does that ease work and reduce costs for HR teams, it creates better interactions with applicants and hopefully more affection for the employer brand, even if they don’t get hired. For more insights, check out the latest update on Indeed on US employment trends for this year and Glassdoor’s 2026″Employment Trends” report.

Contact CEO Daily by Diane Brady at [email protected]

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