Half Of Companies Planning Layoffs Or Hiring Freezes: Survey

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Half Of Companies Planning Layoffs Or Hiring Freezes: Survey

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A concerning survey of 700 US executives reveals that half of them are either actively reducing headcount, or plan to – while 52% have implemented hiring freezes, according to  Bloomberg . The survey, conducted last month by consultant PwC, also found that more than 40% of executives are rescinding job offers, while a similar amount are reducing or eliminating sign-on bonuses that were all the rage amid the tight job market just months ago. On the bright side – around 2/3 of companies are boosting pay or expanding mental-health benefits, and 70% are planning to make remote work options permanent...
Source: https://www.newswars.com/half-of-companies-planning-layoffs-or-hiring-freezes-survey/

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