An
HR consultancy has come up with a novel response to the current economic
downturn and a depressed share price – it has stepped up its recruitment.
Frank
Varela, chairman and chief executive of Longbridge, noticed that competitors
were making valuable staff redundant, so he decided to make the most of the
opportunity.
He
said, “There are excellent opportunities to take advantage of other people’s
strategy. If they are going to let good people go, then we feel we would want
to be in a position to hire them.”
Longbridge
– which specialises in recruitment – intends to add 30 additional staff to its
existing 120.
By
Phil Whiteley
