Geopolitical tensions shake Indian workplaces; 63% firms freeze hiring: Report

Mumbai: Geopolitical tensions, including wars in the Middle East, have impacted the Indian workplace with 63 per cent of respondents confirming that their companies are either freezing hiring or downsizing teams, claims a report.

Over 63 per cent of respondents said their companies are either freezing hiring or downsizing teams with another 15 per cent noting a visible shift toward contract-based or freelance roles as the geopolitical tension escalates, the report by staffing solutions and HR services provider Genius Consultants has claimed.