Cutting overheads in business (getting more discounts from your
suppliers, less travel, perharps also less welfare 
)
= similar profit margins even in bad times.
Most low end production are now in Vietnam, China, Thailand and
Philippines.
Outsource of certain job aspects which requires head hunters.
I cannot tahan when i see companies putting newspaper ads to look
for very high management ads (Finance Director, Managing
Director)
Head-hunting is more efficient to get the person which has the
calibre. Itz now more in the trend for head-hunters, and companies
will try their ways to keep a well-performed worker instead of
letting him work for a competitor.