Media Companies repeat mistakes of previous economic downturns
Media Companies are starting to cull their graduate in-takes in the face of the economic downturn according to Paul Farrer, Chairman of pfj which also operates The Graduate Recruitment Company brand.
“Following the lessons of the last two economic downturns media companies had vowed to maintain their strategy in recruiting fresh graduate talent to insure against skills shortages that are so costly in a growth economy. Sadly the handbrake is already on and it looks like the cost cutting CFO’s are gaining dominance around the Board table and a huge potential source of energy and innovation is being quickly turned off. I know all companies are probably looking to make savings as revenue streams come under pressure, but surely there is a place for compromise between short term need and long term strategy. Otherwise in just a few years we will again be facing an extreme skills shortage due to the lack of talent rising through the ranks because we turn the supply off now.”
Graduate Job Search
Candidates
Employers
Graduate Job Basket
You currently have 0 jobs in your basket.
Latest Graduate Recruitment News
22 May 2009
Graduates still 'have the edge'
21 May 2009
Sales slump leads to media job cuts
February 2009
The Graduate Recruitment Company Joins APSCo
| Get £100. Recommend this site to a friend |
| Blogs |
Latest Graduate Jobs
Graduate Trainee Relationship Builder
Location: Hertfordshire
Salary: £16000 - £18000 per annum + High OTE, training, career
Graduate Online Sales Executive - Digital Advertising £18.5K
Location: South West London
Salary: £18000 - £19000 per annum + Excellent benefits and training
Graduate Trainee Recruitment Consultant
Location: Bristol
Salary: £15000 - £17000 per annum + High OTE, bespoke training
Events Coordinator - B2B Conferences - £17k + £5 - 10k Bonus
Location: London
Salary: £16000 - £17000 per annum + Excellent package
Graduate Trainee Sales Executive
Location: London
Salary: £18000 - £21000 per annum + High OTE, training, career