Wednesday, October 10, 2012
Headhunters being replaced by in-house
Joann S Lublin, WSJ, Oct 10, 2012, reminded me of when a lot of people had “big jobs” and recruiters called headhunters used to be hired to tear them away from their company and come to another one.
When, the layoffs—pardon me, downsizings and restructurings—started, these flattering calls tended to trail off.
Now, in this story, we learn Time Warner only used a headhunter once in the last seven years.
Funds to hunters have been slashed.
At least a quarter of the Fortune 500 use in-house searchers.
When headhunters are engaged—it may be to tap foreign pools of talent.