Recruit shares jump after U.S. unit announces job cut

Recruit Holdings

23/03/2023 01:13

** Recruit Holdings'  6098.T  shares jump more than 5% in
their biggest daily gain in four months
    ** U.S.-based job search platform Indeed, which is owned by
Recruit, said on Wednesday it would cut about 2,200 jobs, or 15%
of its workforce
    ** Recruit shares post biggest rise since Nov. 2022 and
becomes the top gainer on the Nikkei index  .N225 
    ** Recruit provides the biggest support to the Nikkei index,
which was last down 0.5%  
    **Shares are last up 5.1% 
    

 (Reporting by Junko Fujita)