30 Aug, 2012
Job freeze now hits headhunters – Hindustan Times
The global economic uncertainty and its impact on business sentiments have claimed a new victim — headhunters or recruitment agencies. With companies turning choosy both on hiring and spending, staffing firms are facing pricing pressures, said industry experts. “Costs are under pressure as the cycle to close the recruitment process has become longer,” said Manish Sabharwal, CEO, staffing firm TeamLease.
“Recruiters have become selective while closing the final inductions.”
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