Just yesterday Heidrick & Struggles, one of the world's largest executive search firms, announced that it laying-off 15% of its work-force.
Heidrick & Struggles Announces Plans for Additional Cost Savings as a Result of Current Market Conditions
Chief Executive Officer
Kelly added, "There are a number of additional variable costs that we are evaluating as part of our commitment to achieving the highest possible operating margin. But we will also continue to judiciously evaluate opportunities that increase our position of market leadership today and in the future."