Indeed Retreats
Companies rise and fall - usually because of of ego and hubris - and our industry is no different. Take CareerBuilder and Indeed for example; each to varying degrees are facing headwinds thanks to the unbridled belief that the good times will always roll and the competition is unworthy. Based on news this week, it’s looking more and more like Indeed is on the road to be the next CareerBuilder, and the boys dig in. Additionally, consolidation continues, as Fama has acquired Social Intelligence, making them a juicy acquisition target for the likes of Checkr and Sterling. What’s more, the CEO of MillerKnoll put her foot in her mouth and is paying the price on social media, while Amazon’s AWS is taking aim at Google and Microsoft’s OpenAi as another player in the artificial intelligence arms race. By the way, if you’re in Vegas for UNLEASH America next week, stop by the WorkHuman booth on Wed. and say Hi (you might even get a T-shirt).
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