Job search and recruiting giant Glassdoor, based in Mill Valley, has laid off 300 employees, or 30% of its workforce, including 81 workers in Marin, according to a media report. Most of the job losses came out of the company's Chicago office.
“Words cannot describe how sad I am that we find ourselves in this position,” Glassdoor CEO Christian Sutherland-Wong said in a memo sent to employees. “It truly breaks my heart to say goodbye to such a talented group of people for reasons that are outside of their control.”
Employees affected by the layoffs will get a minimum of three months’ pay, health care costs covered through the end of the year, and will be allowed to keep their Glassdoor laptop ‘to help with (their) job search.
"Employers as a whole have dramatically reduced their recruiting, and it is not clear when this will recover," added Sutherland-Wong
Glassdoor already had paused hiring, cut program costs, and reduced executive salaries, with Sutherland-Wong taking a 50% reduction in total cash compensation for 2020.
“We have already initiated outreach to affected workers,” Huffman said. “Our rapid response teams continue to work with employers across the state who have been impacted by the COVID-19 crisis with a goal of developing a plan to meet the needs of all workers who have been laid off or furloughed so that they can rejoin the Illinois workforce.”
Glassdoor spokesman Tyler Murphy said that Chicago is still the company’s second-largest office, but declined to say how many employees remain after the layoffs.