The European consumer industry experienced 0.02% drop in new job postings in Q1 2023 compared with the previous quarter, with the highest share accounted for by Givaudan with 4,682 job postings, according to GlobalData’s analysis of consumer company job postings. Buy the report here.

Notably, Management Occupations jobs accounted for a 12% share of the European consumer industry’s total new job postings in Q1 2023, drop 4% over the prior quarter.

Management Occupations drive consumer hiring activity

Management Occupations, with a share of 12% new job postings, was the occupation with the greatest hiring activity in the European consumer industry in Q1 2023 , ahead of Business and Financial Operations Occupations with a 6% share of new job postings.

The other prominent roles included Office and Administrative Support Occupations with a 5% share in Q1 2023, Computer and Mathematical Occupations with a 4% share and Sales and Related Occupations with a 4% share of new job postings.

Top five companies accounted for 32% of hiring activity

Givaudan posted 4,682 jobs in Q1 2023 and registered a growth of 147% over the previous quarter, followed by Grupa Zywiec with 4,273 jobs and a 1% growth. LVMH Moet Hennessy Louis Vuitton, with 3,626 jobs, and Estee Lauder, with 3,368 jobs, recorded a 77% rise and a 183% rise, respectively, while Cherkizovo Group recorded a 11% increase with a 2,349 new job postings during Q1 2023.

Regional analysis of hiring in the European consumer industry, Q1 2023

France held the leading share of the European consumer hiring activity with an 18.45% share, a 6% decrease over Q4 2022. Germany was next with 14.76%, four-percentage-point down over the previous quarter.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

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.