Employment opportunities will be bleak for the next six months as companies face tight cash flow problems, said Dato’ Ooi Kok Seng, Head of branches Penang, KPMG in Malaysia.
In the article, he explained many companies have just started to resume operations and the heads are just starting to assess their human resources needs. They are also studying on the need for their business to reset or to maintain their current headcounts.
He added that as there are many uncertainties regarding the future, most companies have stopped taking in new employees. The attrition rate, therefore, has come down. As there would not be any clear signs of where the economy is heading until perhaps after the second quarter of 2020. However, according to him, the IT sector is still employing selectively
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