Indeed reviews

leadership handled the lay offs horribly and they have been very tone deaf after it happened. Apart from the people that were laid off, an entire department received demotions for no reason, they just couldn't afford to have those people in that salary band any longer. I personally received a demotion even though all of my reviews have been meets and exceeds and I was on track for a promotion the following month. My demotion actually displaced me from product to operations and when I asked HR what my path back to PM would be (since this is what i was hired for, i was doing very well at it, and i also did not want to do operations) they told me i'd have to wait for another PM position to open and apply and interview like everyone else. This was very disheartening and demotivating because I went through 5 rounds of PM interviews to get hired initially.

Indeed is forcing clients to change to pay per applicant versus our pay per click pricing model since we can't grow anymore with our current model to make our shareholders happy. Looking to increase the spend per job is making our clients furious and no one wants to listen to feedback. While the spend per job increases, there is less job volume and quotas are created based on pay per click models causing sales to miss consistently. A lot of sales orgs are going through challenges with quota attainment but this seems to be self-inflicted. Indeed is looking at long-term growth but will experience short term struggles and for sales that is concerning. We also lost the face of sales this quarter, our CRO, who has been with Indeed and is "leaving for another opportunity" where I believe he sees the writing on the wall like many others. In my opinion, our new pricing model is going to make us the next monster.com since we always listen to jobseeker feedback but not our clients apparently.