Regional Companies Cautious on Hiring Amid Global Downturn
Study Finds Limited New Hires Planned Over Next 3-5 Years
En resumen
A study by KOS International and Sun Yat-sen University reveals over 70% of 116 polled regional companies plan fewer than 30 new hires in the next 3-5 years, citing cautious business expansion due to the global economic downturn, while highlighting demand for hybrid tech-management professionals.
Resumen generado por IA
Por qué importa
The global economic downturn has impacted business expansion plans worldwide.
There is, however, strong demand in the market for hybrid professionals who can blend technology and management expertise, according to the study. The survey was conducted between April and December last year by local recruitment firm KOS International and Guangzhou-based Sun Yat-sen University’s Institute of Guangdong, Hong Kong and Macau Development Studies. Polling 116 regional companies across various sectors, including traditional manufacturing, advanced manufacturing and modern services, the study found that more than 70 per cent of them planned to add no more than 30 new hires over the next three to five years. “Most companies are maintaining a cautious stance on business expansion,” institute dean Professor He Junzhi said, releasing the results on Thursday, adding that it could indicate a lack of long-term workforce planning among regional firms, which was likely to have been driven by the broader global economic downturn. He said the survey aimed to provide the market with a comprehensive overview based on first-hand data.
Qué observar
Perspectiva de IA — posibilidades, no hechos
Increased demand for hybrid tech-management professionals
Probable · Medio plazo
Preguntas abiertas
- Specific strategies for hybrid professional development
