July 11, 2025TOKYO, JAPAN (July 11, 2025) – On July 10 U.S. time, the HR Technology segment of Recruit Holdings Co., Ltd. (the ”Company”), which operates Indeed and Glassdoor, announced a reduction of approximately 1,300 employees, representing about 6% of the segment’s total workforce as of April 1, 2025.The financial impacts of the workforce reduction has already been largely incorporated into the outlook for the HR Technology segment on a US dollar-basis, which is an important component of the Company’s consolidated financial guidance for the fiscal year ending March 31, 2026 (”FY2025 Consolidated Financial Guidance”) disclosed on May 9, 2025.Accordingly,