Job search platform Indeed is set to lay off 225 employees in its Dublin office as the credit crunch continues to impact the tech sector.
Indeed employs 1,400 people in Ireland with an office just off St Stephen's Green in the city centre and another in the Dockands. Last month, the company confirmed that 15% of their global workforce, or 2,200 people globally, will lose their jobs.
In March, Indeed's chief executive Chris Hyams told employees in an email that recruitment would likely remain quite low. He said: "It is becoming increasingly likely that HR tech revenue will decline in 2023 and potentially again in 2024."