India Inc likely to face hiring slowdown in Jan-March quarter: Survey

A looming recession and deepening global slowdown have caused apprehensions among Indian employers

India’s private job market is likely to cool off in the January-March quarter as companies take a careful approach to hiring, the Economic Times reported citing a survey of more than 3,000 employers.

As many as 16 per cent of employers expected a decrease in hiring intent and 34 per cent said they would keep workforce levels steady. Only 2 per cent of the respondents were unsure about hiring intentions, according to the ManpowerGroup Employment Outlook Survey.

The net employment outlook—the difference between employers looking to hire and those expecting a decrease—is at 32 per cent, according to the report. The