Recruit Holdings — the parent company of Indeed and Glassdoor — saw its stock price jump to new heights after its Q4 and Fiscal Year 2025 earnings call pointed to the ways the company is adapting to artificial intelligence across its platforms.
Programs such as ChatGPT and Google’s AI search overview have severely disrupted the job search market, various reports have shown. But Indeed has adapted to the shift, per an earnings update Recruit Holdings shared May 15; 70% of applications come through AI recommendations and AI tools, the company’s CEO said.
One example of that adaptation may include Indeed’s integration with ChatGPT, which was announced in February of this year. The earnings update also pointed to increased employer adoption of premium job postings, which use AI matching to improve outcomes.
“Indeed operates as a two-sided decision-making marketplace, where we are leveraging AI capabilities to significantly improve matching for both job seekers and enterprise clients,” Recruit Holdings CEO Hisayuki Idekoba said during an earnings call, calling it an “AI-driven virtuous cycle.”
As a result of the improved user experience enabled by AI, the report continued, active users on Indeed reached a record high in March, rising 18% year over year.
The growth may also be surprising due to what Recruit called weak global job demand. While the U.S. Bureau of Labor Statistics announced job growth in April, the market has become “increasingly selective,” one executive said at the time, meaning job seekers are having a harder time finding positions.
