Amid heightened economic uncertainty, many companies are tightening their belts, resorting to job cuts and hiring freezes to create stability.

In today's labor market, leaders must carefully balance protecting their business in the near term and creating success in the long term. For most companies, the current focus is financial discipline, but it is important to remember that the recruitment market always rebounds. To win the "war for talent," organizations should use this time to plan and retool their recruitment strategies.

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