Summary: A new survey reveals that 63% of Indian companies have either paused hiring or are trimming their workforce due to rising tensions in the Middle East. The geopolitical uncertainty is also affecting salaries, workload, and employee morale, prompting many professionals to upskill or seek alternative roles.
Middle East Tensions Hit Indian Job
Market: Hiring Freeze in 63% Firms, Says Survey
Amid growing instability in the
Middle East, Indian workplaces are feeling the heat. According to a recent
survey, 63% of Indian companies have either halted hiring or started cutting
jobs in response to escalating geopolitical tensions.
The report, released by Genius
Consultants, highlights a growing concern among both employers and employees.
Conducted between May 12 and June 6, the survey collected responses from over
2,000 employees across various industries in India.
Alongside the hiring freeze, 15% of
companies are shifting their focus to contract-based or freelance roles to
maintain flexibility during uncertain times.
Salary growth is also taking a hit.
Around 36% of employees said their bonuses, appraisals, or salary hikes have
been affected. At the same time, 22% reported disrupted international business
travel, and 21% said team morale has suffered. Increased workload and tighter
deadlines were also noted by more than one in five workers.
The emotional impact is equally
striking. 30% of respondents said they are extremely worried, already noticing
early warning signs at their workplaces. Another 26% are cautiously observing
the developments, unsure of what’s next.
But many workers are not waiting
idly. Over half (55%) have started learning new skills or enrolling in
professional certifications. Meanwhile, 31% are already on the lookout for new
job opportunities or backup roles.
R P Yadav, Chairman and Managing
Director of Genius Consultants, said the current scenario reflects a
fundamental shift in the job landscape. “The external world is reshaping
internal work realities at a faster pace than many expected. We're not just
reacting to a crisis- we are stepping into a new era of work,” he said, adding
that the companies to remain transparent and flexible while employees continue
adapting through resilience and skill-building.
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