The e-commerce player saw its stock dive down over 9 per cent in the past four trading days, after its portfolio company Zomato laid off 540 employees on Saturday. Investors see this as a sign of spreading slowdown in consumption.

According to leading job site Naukri.com's bi-annual survey titled Naukri Hiring Outlook July December 2019, 78 per cent recruiters surveyed are anticipating hiring activity in the next six months, as against 70 per cent in the corresponding period last year.

Automobile and ancillary and pharmaceutical industries witnessed a dip of 6 per cent in hiring.

In terms of experience, demand for entry-level jobs with an experience of 0-3 years witnessed a rise of 18 per cent, whereas recruitment for mid-level executives with experience of 4-7 years rose by 17 per cent

Also, the report said the construction and engineering industry saw an increase in hiring with a growth rate of 16 per cent.