Hiring by China’s technology companies plummeted by a fifth in 2018’s final quarter as the nation’s largest corporations grappled with mounting economic uncertainty, according to a study of national job ads released Jan 18.
The number of IT and internet positions advertised nationwide fell by 20% in the December quarter compared with a year earlier, according to a report from Renmin University and the country’s largest jobs website, Zhaopin Ltd. The drop was most pronounced in the internet and online gaming sectors, where ads slid 23% and 30%, respectively.