Categories
Background Checks Business Credit Reports Business Research Human Resources Miscellany Personal Background Checks preemployment screening Uncategorized

Employment Cutbacks. Sign of the Times?

Restructuring

Cutting Underperforming Brands, 15% of General Managers in Bid to Maintain Spending

By Jack Neff

BOCA RATON, Fla. (AdAge.com) — Procter & Gamble Co. will eliminate 15% of its general-manager positions and an unspecified number of underperforming brands while keeping overall employment flat to negative, in a bid to accelerate productivity amid rising commodity costs and tougher competition.

For the complete article go to Adage.com

Corra has to wonder if this is a sign of the times. And if it a sign of the times, does this reveal actual economic downturn, or a sign of inefficiency that has lead to a reduction in profits?

Surely, profits are off and the public is tightening its belts. But there are staples the public requires. Maybe they don’t need the premium and, frankly, over priced coffees. But they do need coffee. Perhaps in an attempt for companies like P&G to capture more of the market, they have overreached and have diluted their branding and the products therein.

Either way, judging by this indicator, there will be the newly unemployed looking to be employed once again. They will be answering job postings and interviewing with your HR Managers. Some will be real finds, and some will be discards that the other buy was glad to be rid of.

Run pre-employment background checks since they will help you determine who should be snatched up and who should be cradled in the bosom of your business workplace. There are many different kinds of background checks, and Corra can help you package them to fit your own particular business means.

Check them out before you hire.

By Gordon Basichis

Gordon Basichis is the Co-Founder of Corra Group, specializing in pre-employment background checks and corporate research. He has been a marketing and media executive and has worked in the entertainment industry, the financial, health care and technology sectors. He is the author of the best selling Beautiful Bad Girl, The Vicki Morgan Story, a non-fiction novel that helped define exotic sexuality in the late twentieth century. He is the author of the Constant Travellers and has recently completed a new book, The Guys Who Spied for China, dealing with Chinese Espionage in the United States. He has been a journalist for several newspapers and is a screenwriter and producer.