from the plan-to-expand-to-glass-ceilings dept.
Japanese human-resources and consumer-information provider Recruit Holdings Co. has agreed to buy Glassdoor for $1.2 billion in cash. Through the tie-up, Recruit will gain access to the U.S. website's extensive cache of content such as employee reviews, while Glassdoor will seek to accelerate its push into non-U.S. markets. Recruit shares rose as much as 3 percent in Tokyo.
[...] Glassdoor runs the second-largest job website in the U.S. and is known for hosting anonymous employee reviews about the culture and management of their companies. Glassdoor was taking steps earlier this year toward an initial public offering and was said to be interviewing banks for a market debut in 2018.
Also at TechCrunch.
Sarahah, the anonymous messaging app founded in Saudi Arabia that became an unexpected viral sensation with teens, clocking up over 300 million registered users before getting banned by Apple and Google over bullying, is making a return to the App Store — but not as you might think.
The startup has launched a new, free iOS app called Enoff (pronounced "enough") aimed at organizations, tapping into the wave of employee activism and speaking out about unfair practices to provide a way for people in a team to give anonymous, one-way feedback to bosses and human resources reps. An Android version of Enoff is coming "very soon," according to CEO and founder Zain al-Alabdin Tawfiq.
Available also on the web, the aim is to provide a way to give feedback in cases of harassment, corruption and other tricky workplace situations where employees might fear repercussions for speaking out.
Easy way to monetize app: allow bosses to pay to unmask users.
Also at Wired.
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Japan's Recruit Holdings Co. Acquires Glassdoor for $1.2 Billion