Hiring trickling down in IT, Startups & MNCs

Hiring has slowed across IT, startups and multinational corporations, data from HR firm Xpheno, shared exclusively with ET, showed.

The top 100 companies, including funded startups, IT services companies and in-house centres of global corporations, have altogether employed 2.1 million people this year, registering a growth of 7%, which is a drop from the 26% growth seen in the previous two-year period.

The slowdown is expected to continue over the next year as well, according to the report.