Going Public Isn't Always the Answer, Glassdoor CEO Says

Glassdoor has expanded into Singapore, Hong Kong, and New Zealand, totaling 18 global sites. The company was acquired by Japanese HR firm Recruit, opting against going public. CEO Robert Holman discusses the decision, emphasizing mission alignment and long-term goals. Market volatility influenced the choice, with Glassdoor aiming to leverage Recruit's resources. The tech industry faces challenges, with companies like Facebook and Apple seeing slight morale declines, while Snap struggles with executive turnover and lower employee satisfaction.

Which countries did Glassdoor recently expand into, increasing its total localized sites to 18 globally?

• Germany, France, and Italy

• Brazil, Argentina, and Chile

• India, China, and Australia

• Singapore, Hong Kong, and New Zealand

What was the primary reason for Glassdoor's decision to be acquired by Recruit instead of going public?

• To reduce operational costs

• To focus on their mission and leverage shared data

• To increase their market valuation

• To expand into new markets

How did the CEO of Glassdoor view the decision to join Recruit in terms of long-term strategy?

• As a method to reduce employee workload

• As a temporary solution

• As a way to increase short-term profits

• As a strategic move for long-term mission fulfillment

What trend is observed in employee morale at major tech companies like Facebook and Apple?

• No change at all

• Slight degradation but still among the best places to work

• Significant improvement

• Complete decline in morale

What future plans does Glassdoor have for enhancing its data collection?

• Introducing more generalized data

• Exploring areas like diversity and inclusion

• Reducing the amount of data collected

• Focusing solely on salary data