In a data pool of 1300 employers globally, 43% reportedly are still hiring including Paypal, Proctor & Gamble, and Goldman Sach.
At the same time, 51% have implemented a hiring freeze. It may not be prudent to be recruiting new staff for your organisation, however it is an extremely good time to make top talent at competitor organisations aware of you and get them interested in what you have to offer.
My colleague Vanessa recently posted (view here) about her customer Vodafone, who have done some excellent work to promote both their colleagues and customers being connected take a look at the post here or Vodafone Italy video here. An excellent example of turning the 'inside out' and plant a seed in the minds of potential applicants.
The natural instinct for employers wanting to reduce costs may be laying off staff though, Bill Schaninger from the consultancy McKinsey, told The Economist that good HR leaders will be able to reconfigure company workflows to prevent this.