NEW DELHI: Hiring activity saw a 62% year-on-year decline in April the covid-19 pandemic and the resultant lockdown ravaged businesses, according to a survey by job site Naukri.com.
According to the survey, hotels, restaurants, travel companies, airlines have been the worst hit, because of the lockdown, leading the decline in hiring.
Hotels, restaurants, travel companies, and airlines saw a decline of 91%, auto/ancillary companies registered 82% decline in hiring, retail fell 77%, and accounting and finance companies saw a 70% fall.
Sectors such as information technology (IT), software services, pharma, biotech, clinical research and insurance were less impacted.