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Print Edition StoriesFriday, June 19, 2009
Datapoints
Cutbacks in hiring plans
By Mass High Tech staff
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How is the economic crisis affecting tech companies?
Slow turnaround
More than six months into the economic disaster, the number of companies cutting back on hiring plans is still growing.
Question to 1,900-plus recruiters and hiring managers:
Has the current economic environment caused you or your clients to scale back hiring plans for the next six months?
May 2009
| Yes, substantially | 43% |
| Yes, slightly | 38% |
| I’m not sure | 4% |
| No | 15% |
November 2008
| Yes, slightly | 40% |
| Yes, substantially | 32% |
| I’m not sure | 6% |
| No | 22% |
How likely do you think layoffs are in the next six months at your organization, or if you are a recruiter, at your clients’ organizations?
| Response | May 2009 | Nov. 2008 |
| Very likely | 12% | 20% |
| Likely | 31% | 28% |
| Not likely | 43% | 37% |
| I don't know | 14% | 15% |
Are you seeing an increase in the number of candidates applying for positions as compared to six months ago?
| Response | May 2009 | Nov. 2008 |
| Yes, significantly | 56% | 32% |
| Yes, but slightly | 28% | 38% |
| No | 16% | 30% |
To submit original research, contact editor Douglas Banks at dbanks@masshightech.com
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