Firms may delay hiring for a quarter

Startups, though, are revising growth plans and consequently, hiring is mostly on hold. “Almost 50% of ongoing interviews, new requirements, onboardings have stopped for the last two weeks now, particularly in the IT sector,” said Kamal Karanth, cofounder of Xpheno, a staffing agency that focuses on hiring for tech services companies and startups.

from Startups-Small Biz-Economic Times https://ift.tt/2JeS62W