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Global Hiring Activity - Trends & Signals Q2 2022

Published: 27 July 2022 Code: DT0463TR

Key findings discussed in the report include:

  • Job postings declined in Q2 2022 after an increase in the previous quarter. Several companies, including Tesla, JPMorgan, Pepsico, and Novartis announced layoffs during the quarter.
  • Active Jobs declined by 1%↓ in Q2 2022, while the closures rose 9%↑ compared to the previous quarter. 
  • The US had the most active jobs and witnessed sequential decline of 6%. India was a key hiring location for US headquartered companies. 
  • Job Closure in China was 25% more as compared to new postings. In comparison, Germany and Japan had more postings.
  • Retail and Technology sectors posted high number of jobs, while Automotive sector had the highest sequential growth.
  • Technology themes such as Cloud, Big Data, and Digital Media posted and closed more jobs in Q2 2022 over that in Q1 2022. Companies continued to focus on ESG initiatives.
  • Commerce Applications skills were in demand along with Application Lifecycle Management in Q2 2022.

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