ZipRecruiter is Lost

Explicit content warning

03/08/24 • 54 min

As usual, this week, Chad & Cheese dive into the latest news and developments in the HR and technology sectors, featuring updates on Deel, Klarna's AI integration, Google's data deal with Stack Overflow, and lots more. Drink it in:

DEEL's Acquisition Spree: We start with Deel, the HR startup making waves with its recent acquisition of African-based PaySpace, following last week's purchase of Zavvy. This marks Deel's largest acquisition yet, as it aims to strengthen its presence in Africa and reach $500M in annual recurring revenue, with plans for an IPO in 2025/2026.

ZipRecruiter and Appcast's Pricing Changes: While Deel celebrates its growth, others like ZipRecruiter are facing scrutiny for a nearly 74% price hike without clear additional value. Meanwhile, Appcast is transitioning its business model away from supporting customers below the $20K/mo. spend, raising questions about its strategy and impact on agencies.

Klarna's Efficiency with AI: Klarna's partnership with OpenAI has resulted in significant efficiency improvements, with its chatbot managing two-thirds of customer service chats in 23 markets and 35 languages. The integration is expected to increase profits by $40 million in 2024, raising questions about the impact on recruiting.

Google's Data Deal with Stack Overflow: Google's Gemini chatbot will now utilize Stack Overflow's Q&A for coding assistance, marking Stack Overflow's first customer for paid access to content used to train AI chatbots. This deal could have significant commercial implications for Stack Overflow.

Indeed's Missteps: Finally, we touch on Indeed's recent controversies, including a disappointing Willy Wonka chocolate factory experience and a racist job ad that was posted on the platform. These incidents raise questions about Indeed's oversight and use of AI in job postings.

It's enough to make you forget politics, global conflict and the increase in prices at Chipotle. You're welcome.

It's enough to make you forget politics, global conflict and the increase in prices at Chipotle. You're welcome.

Previous Episode

Lazy Apply

Happy International Women’s Day!

After several attempts to invite women leaders in TA to be a guest on the podcast, we are asking for your help. Please send us nominations or referrals, we promise it will be fun!

In the News

Vice.com lays off employees on a town hall zoom call with no preparation and a 2019 understanding of zoom features, like how to disable the emoji feature.
Taking a page out of her own playbook as a Product Manager, Marta Puerto’s video goes viral on Linked In.

Tip of the Week

The resourceful recruiter, follow layoff trackers and strict return to office mandates to know where talent will be more likely to depart.

https://www.warntracker.com/

https://talentedgeweekly.com/p/talent-edge-weekly-issue-226

Recruiting Insight

LazyApply lives up to its name. Aki Ito test drives the bot who will apply for 750 jobs a day for you. It will be chaos for recruiters and for Aki Ito too!
EY sets the pace for how to nurture a talent pool, by using their rejection email.
Recruiting 101, exhaust the local market first before you undertake the expensive and time consuming task of relocation, immigration and 8 weeks to start.

Next Episode

Ep 598: Building Exec Search In House

Executive Search is often considered so specialized that it should always remain the preserve of Exec Search agencies. However, an ever-increasing number of large employers are now choosing to build in-house executive search functions. So what are the advantages of doing this, how do you do this, and what is the ongoing impact from tighter talent markets and innovations in technology

My guest this week is Katie Howard, Global Talent Acquisition Luxury and Lifestyle Lead at IHG. Katie made the switch from Search Agency to in-house just over a year ago and has been helping set IHG up for success in a highly competitive market for senior talent.

In the interview, we discuss: