Hiring in the European pharma industry drop by 33% in Q3 2023
Notably, Management Occupations jobs accounted for a 16% share of the European pharma industry’s total new job postings in Q3 2023, drop 39% over the prior quarter.
Management Occupations drive pharma industry hiring activity
Management Occupations, with a share of 16% new job postings, was the occupation with the greatest hiring activity in the European pharma industry in Q3 2023 , ahead of Business and Financial Operations Occupations with a 6% share of new job postings.
The other prominent roles included Life, Physical, and Social Science Occupations with a 6% share in Q3 2023, Healthcare Practitioners and Technical Occupations with a 5% share and Computer and Mathematical Occupations with a 5% share of new job postings.
Top five companies accounted for 39% of hiring activity
Novo Nordisk posted 2,084 jobs in Q3 2023 and registered a decline of 20% over the previous quarter, followed by Novartis with 1,387 jobs and a 50% drop. AstraZeneca, with 1,090 jobs, and ICON, with 960 jobs, recorded a 13% drop and a 39% drop, respectively, while F. Hoffmann-La Roche recorded a 25% decline with a 920 new job postings during Q3 2023.
Regional analysis of hiring in the European pharma industry, Q3 2023
Germany held the leading share of the European pharma hiring activity with a 16.94% share, a 51% decrease over Q2 2023. Denmark was next with 11.90%, four-percentage-point down over the previous quarter.
For further understanding of GlobalData’s Pharma: Hiring Trends & Signals Q3 2023, buy the report here.
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