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IFS: Contractual hiring in Q4FY25 hit by geopolitics
Financial Express Pune
|July 17, 2025
Indian companies increased at the slowest pace in four years in 2024-25 as demand for short-term staffing was hit by geopolitical uncertainty.
TEMPORARY HIRINGS BY According to Indian Staffing Federation (ISF), the industry body for over a hundred flexi-staffing companies, new contract hires rose by 9.7% in the last fiscal to 139,000, with sectors such as Global Capability Centers (GCCs), e-commerce, logistics, manufacturing, and tourism and hospitality, among others, contributing to new formal employment generation.
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