[Monitor] COVID-19 cuts company recruitment plans

A recent survey showed that two thirds of companies in South Korea have canceled their plans to recruit since the new coronavirus pandemic. To a question whether their hiring plans changed upon the pandemic, 84.9 percent answered yes, according to the survey conducted by job portal Incruit.

Among the 262 firms, 60.7 percent said they had recruitment plans prior to the pandemic but only 21.1 percent said they will maintain their hiring plans.

Among the firms that said they would continue to hire, 37.0 percent were large companies, followed by 21.0 percent mid-sized firms and 18.5 percent small businesses.

(khnews@heraldcorp.com)