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Corporate India is expected to scale back hiring plans in the July-September quarter of this year, signaling a slowdown in hiring momentum, as employers are likely to opt for a more measured approach to hiring amid rising geopolitical challenges, a survey said on Tuesday. According to ManpowerGroup's latest Employment Outlook Survey, the Net Employment Outlook (NEO) for Q3 2026 stood at 48 per cent, down 20 points from the previous quarter but stronger by 6 points since Q3 2025. The Net Employment Outlook (NEO) is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting a decrease in hiring activity. In the survey of more than 3,100 employers across India conducted from April 1 to 30, 2026, employers cited economic uncertainty, above AI, as the key driver of hiring uncertainty. "India's Q3 2026 hiring outlook remains the strongest globally, with a Net Employment Outlook of 48 per cent,

• Business Standard
• 1 week 3 days ago

NEO measures the difference between the percentages of employers expecting to increase staffing and those expecting to decrease staffing levels

• Business Line
• 6 months 1 week ago

Corporate India's hiring plans for the October-December quarter of this year slowed marginally with employers balancing permanent, temporary, and consultant talent to stay agile in a dynamic environment, a survey said on Tuesday. According to the latest ManpowerGroup Employment Outlook Survey, the India Net Employment Outlook (NEO) stood at 40 per cent, indicating that hiring expectations have weakened by 7 per cent since the previous quarter, but increased by 18 per cent when compared to the same time last year. The NEO is calculated by subtracting the percentage of employers who anticipate reductions in staffing levels from those who plan to hire. The results of the survey were based on responses from 3,149 employers across India during July 2025. Notwithstanding the slight slowdown in hiring intentions, Indian employers continue to report the second-highest outlook globally, 17 points above the global average. Globally, India, with 40 per cent, reported the second-highest...

• Business Standard
• 9 months 1 week ago