In its new survey titled ‘KPMG 2022 CEO Outlook’, KPMG has revealed that about 46 per cent of the CEOs are considering downsizing their employee base over the next six months while almost 39 per cent have already implemented hiring freeze.
The poll asked more than 1,300 CEOs about their plans and expectations. The survey interviewed leaders of the world’s largest businesses from eleven key markets like Australia, Canada, China, France, Germany, India, Italy, Japan, Spain, the UK and US.
It also covered eleven important industry sectors like asset management, automotive, banking, consumer and retail, energy, infrastructure, insurance, life sciences, manufacturing, technology,