Job hunting service Glassdoor sold to Japan’s Recruit for $1.2B

Job hunting service Glassdoor sold to Japan’s Recruit for $1.2 job hunting service Glassdoor, which is best known for providing insight into company working cultures, has been acquired for $1.2 billion in cash by Recruit, a $39 billion Japanese corporate that specializes in HR and recruitment services. Ten-year-old Glassdoor says it is used by 59 million people each month, many of whom come to the service to read about how companies are rated by the people who work, or worked there. While it is headquartered in the U.S., Glassdoor says it has information on more than 770,000 companies across 190 countries worldwide, including 40 million reviews covering company culture, CEO ratings, salary information and more.

Source: techcrunch.com