Tangential to the topic at hand, I'm rather disappointed this got left sidebar space, and chat and meta haven't despite long standing feature requests. As a moderator on a technical site and another one, its something that would have potential long term benefits for my site. 

Is this going to *replace* the companies link (which is essentially a vestigial organ of 'old' careers) or is it an added on link with no other changes?

I see other folks have covered the USPs of old jobs/careers, specifically the developer story, so I won't retread that again - but I suspect that'll have more value for many people. 

I used to critique the old SO jobs as something that didn't work cause SO was a small fish in the broader job-website market, so I actually think this may be the right way to go *if* you can combine letting indeed to the part of building a *job site* (and ideally at minimal dev work on the SO side) and adding the things that made SO jobs *unique* on top of that.

Itwould also do well to remember the main value SO has is their reputation, and preserving that with the community would be a good idea if people were to go with the SO indeed instance over the main one. 

On that note - it feels like you're 'lending' the SO name to a simple rebranded indeed page. I'm pretty sure that the answer I'd get here is 'we can't talk about the financial details' but we just went through a very painful belt tightening process. I'd hope that these 'initiatives' are going to help the bottom line, and that at least some of these resources flow back to the community.