Redundancies - References

I am sure that you are all aware of the increased number of redundancies especially in financial services firms. Here at Powerchex we have seen a significant increase in the number of bad references that we have been receiving. Several of the references state that the employee was dismissed, although a reason is seldomly disclosed. Employment references and the results of pre-employment screening checks certainly provide an interesting view of the state of the employment market. More on this as the crisis unfolds.

http://www.lawpack.co.uk/Knowledge/Business/HumanResources/article864.asp