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Global Hiring Activity Trends & Signals – Q3 2023

Global Hiring Report shows job postings declined by over 29.3% YoY in Q3 2023 and 400+ companies announced layoffs during the quarter.
YoY share of global job postings improved for the United Kingdom, Australia, and Germany. United States, United Kingdom, Germany, India, and Canada lead with the most job postings in Q3 2023.
Healthcare, Retailing, and Foodservice had an increased YoY share of global job postings.

A detailed understanding of the various trends and signals in Q3 2023:

YoY job postings share improved for healthcare, retailing, and food service. Consumer preferences, e-commerce, technology, and regulatory changes drive food service, retailing, and healthcare, respectively.

Big Data, Cloud, and Artificial Intelligence emerged as prominent technology themes. Social Media, Metaverse, and Batteries were other notable themes with high job postings. Company newly created initiatives such as Diageo Plc - APAC Digital Hub Team in Singapore and Medtronic Plc - Digital Program Office. Some of the new roles/teams include Lego AS - LEGO Group India and Emerging Asia Business within the APAC Market Group and Moderna Inc - Global Logistics Workstream in Moderna’s Resilience project manufacturing sites in Australia, Canada, and the UK.