Chief of Job-Search Portal Indeed Wants to Be ‘World's Most Powerless CEO' [BNN Bloomberg (Canada)]
Booking Holdings Inc. (BKNG)
Last booking holdings inc. earnings: 2/26 04:04 pm
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Source: BNN Bloomberg
“I want be the most powerless CEO in the world,” Idekoba of Japan's Recruit Holdings Co. told Haslinda Amin in an interview for Bloomberg TV's Latitude. “What I think is, ‘How can I facilitate everybody?' and ‘How can I give good vision?'” It's not an uncommon refrain, but in the case of Idekoba, it just might be true. He spends most of his time outside his home country of Japan and lives in Austin, Texas, where Indeed was founded. He moved there more than a decade ago after convincing his bosses to buy the startup for $1 billion, and stayed even after being promoted to Recruit's CEO three years ago. With access to vast amounts of hiring data, filling more than 1 million positions every month, Recruit and Indeed have a high degree of visibility into global work trends. There's still too much friction in the job-search process, providing plenty of opportunities for growth, according to Idekoba. “The biggest trend is that all developed countries are having less supply of labor fo
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