ZipRecruiter to cut 20% of staff, CEO to get 30% salary cut

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ZipRecruiter to cut 20% of staff, CEO to get 30% salary cut
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Job-hunting platform ZipRecruiter Inc. on Wednesday said it would cut roughly 270 jobs, or about 20% of its total workforce, after the company this month...

Job-hunting platform ZipRecruiter Inc. ZIP on Wednesday said it would cut roughly 270 jobs, or about 20% of its total workforce, after the company this month warned that a shakier economy had made for a more cautious hiring environment. Roughly half of the affected employees were from sales and customer support, ZipRecruiter said in a filing, adding that it expected to complete virtually all of the staff reductions by June 30.

ZIP on Wednesday said it would cut roughly 270 jobs, or about 20% of its total workforce, after the company this month warned that a shakier economy had made for a more cautious hiring environment. Roughly half of the affected employees were from sales and customer support, ZipRecruiter said in a filing, adding that it expected to complete virtually all of the staff reductions by June 30.

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