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So, is the hiring on hold ?

Yes Most companies are on a hiring freeze, but it's not communicated openly (they don't want to show weakness)

The pipeline for new projects is slower for SAP Across the board unless they have a urgent requirement they are not interested in hiring.

Gone are the days when people used to get hired based on forecasted/potential projects in pipeline, now it's mostly defensive, unless the project is won and materialized only then they will take a jump

PS. this is not only SAP but across the board in IT

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