Recruitment on hold at Procter & Gamble

Some media outlets are reporting that the consumer goods group Procter & Gamble (“Iams” and “Eukanuba”) has imposed a group-wide recruitment freeze. According to the reports, this move is a response to the poor market trend worldwide. A spokesperson for the company told the Financial Times Deutschland: “The global market trend is not as we imagined it would be a year ago.” Although business is still good in Germany, a marked slowdown is noticeable in the rest of Europe and in the USA. At the same time, growth in Asia has not lived up to expectations. As reported in the “Lebensmittelzeitung”, however, apprentices, trainees and part-time staff are not affected. Quoting information from the company, the magazine stated that the recruitment freeze was a short-term measure that could also be rescinded again at short notice.