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.

This content was updated on 8 October 2023

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GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.