Companies cut hiring in October: Naukri

Telecom sector, however, bucked the trend with 19 per cent increase in hiring. Barring ITES (IT-enabled services) sector which saw a dip of 3 per cent, all other sectors witnessed two-digit dips. While auto sector registered a fall of 26 per cent, IT, pharma, oil and gas, and banking witnessed dips in the range of 13-19 per cent in hiring.

Read more http://www.thehindubusinessline.com/industry-and-economy/info-tech/article2598471.ece?homepage=true&ref=wl_home

Source: Business Line

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