Overview

• A Genius Consultants survey of 2,006 employees across sectors between May 12 and June 6 found that 63% of companies froze hiring or downsized teams.
• Firms increasingly turned to contract and freelance roles, with 15% of respondents reporting this shift to flexible staffing.
• Thirty-six percent of employees said salary growth, bonuses or appraisals were affected by escalating regional instability.
• To counter job insecurity, 55% of workers are enrolling in new certifications and 31% are exploring alternate job opportunities.
• Genius Consultants chairman R P Yadav urged employers to maintain transparency and agility to help workers navigate evolving challenges.