BUSINESSWEEK ONLINE : MAY 17, 1999 ISSUE
MANAGEMENT

The Big Crunch


With change afoot, high-end headhunting now faces a host of challenges:

-- After years of explosive growth, revenue increases are slowing

-- Net-based job-hunting sites bring new competitors and pricing pressure

-- Clients are demanding more services-in less time

-- Because search firms can't poach from their own clients, smaller upstarts are snatching business away from their biggest rivals

-- Recent IPOs of headhunting firms have been disappointing


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Headhunting 2000

TABLE: Job-Search Stats

TABLE: The Big Crunch

TABLE: New Web Tricks for Recruiters

TABLE: Click and Seek: Online Job Sites



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