30% of Hong Kong firms plan staff increases

A recent survey by ManpowerGroup Greater China reveals that 30% of companies in Hong Kong plan to hire more staff in the second quarter of 2025. The survey included responses from 525 businesses and was conducted in January. Alongside hiring plans, 19% of companies expect to reduce their staff sizes. Around 50% of the businesses surveyed predict no changes to their workforce. ManpowerGroup calculated a net employment outlook index for Hong Kong of 11%. This figure is lower than the global average of 25%. The index is derived by subtracting the percentage of employers who foresee a reduction in hiring from those who expect an increase. The survey highlights a significant concern in the transport, logistics, and automotive sectors. This industry is facing a negative net employment outlook, indicating that companies are more likely to reduce their workforce instead of hiring.