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Hiring activities decline nearly 30% across all sectors in 2012

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As the global economy continues to remain on tenterhooks and India battles an uncertain macro climate, hiring seems to be sharply slowing down in India Inc with several sectors even doling out pink slips. While Infosys has delayed bringing on board nearly 28,000 engineers hired from campuses to as late as July 2013, HSBC, Barclays and Nomura have laid off over 1000 employees in the last one year.


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