The German technology industry experienced a 29% drop in new job postings in Q3 2023 compared with the previous quarter, with the highest share accounted for by United Internet with 712 job postings according to GlobalData’s analysis of technology company job postings. GlobalData’s Technology: Hiring Trends & Signals Q3 2023 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the technology industry, facilitating anticipation of future workforce needs. Buy the report here.
Notably, Computer and Mathematical Occupations jobs accounted for a 16% share of the German technology industry new job postings in Q3 2023, down by 28% over the prior quarter.
Computer and Mathematical Occupations drive technology industry hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Computer and Mathematical Occupations, which accounted for 16% of the total new job postings in Q3 2023 and were down by 42% year-on-year. Second highest were Management Occupations, which accounted for 12% and drop by 50% year-on-year, and third highest were Business and Financial Operations Occupations, which were 3% of the new job postings and 29% lower year-on-year.
Top five companies in technology industry accounted for 27% of hiring activity
The highest number of jobs were posted by United Internet with 712, followed by Deutsche Telekom with 573, while the highest increase was at Infineon Technologies at 8%.
For further understanding of GlobalData's Technology: Hiring Trends & Signals Q3 2023, buy the report here.