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Most employers are finished with recession-related cuts

by on
in Hiring,Human Resources

A new Watson Wyatt survey found that 52% of employers have made layoffs (up from 39% two months earlier), but the percentage of companies planning layoffs fell from 23% to 13%.

More than half (56%) still have hiring freezes in effect.

“They are now focusing on smaller, more sustainable cost-cutting actions,” the report says.

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