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Companies are outlining 2026 plans. Hiring isn't one of them

Mint Mumbai

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December 29, 2025

“People aren’t looking to change jobs,” Krishna said.

Companies are outlining 2026 plans. Hiring isn't one of them

Cos haven't been in a hiring mood for months.

(ISTOCKPHOTO)

“That then leads to less hiring because people aren't leaving.”At a conference recently, a top executive at Shopify was asked to describe the company’s hiring plans and he gave an increasingly common answer. “I don’t see us next year needing to increase head count in any way,” Chief Financial Officer Jeff Hoffmeister said. “It has been over two years we've been at this head count. As I look to next year, I think we can continue to be disciplined on head count.”

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