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Austin-based Indeed to lay off 1,000 employees amidst tech downturn

The Austin-based job search company Indeed will lay off approximately 1,000 employees—or 8% of its workforce—according to a May 13 announcement. In the announcement, Indeed CEO Chris Hyams said the layoffs will mostly affect U.S. employees across different regions, but a company representative declined to comment on how Austin offices, including the global headquarters downtown, …

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