Fewer companies planning layoffs

The number of companies planning layoffs has fallen 10 percentage points to 13 percent. While the number of companies planning a hiring freeze has fallen eight percentage points to 10 percent, the number of companies with a freeze already

By staff Writer | March 03, 2009 at 07:00 PM

The number of companies planning layoffs has fallen 10 percentage points to 13 percent.
While the number of companies planning a hiring freeze has fallen eight percentage points to 10 percent, the number of companies with a freeze already in place has increased to 18 percent.
In February, 42 percent of companies implemented a salary freeze, up from 13 percent in December 2008.

Source: Watson Wyatt

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