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Germany: Cloud Related Job Trends in the Financial Services Sector (October 2023 - January 2024)

Industry: Financial Services
Current: Other Industry Indicators

The number of active Cloud related job postings in the Financial Services sector of Germany decreased by 34.9% MoM, and decreased by 43.5% since October 2023, reaching 526 active job postings in January 2024
A total of 108 new Cloud related jobs were posted in January 2024, witnessing a decrease of 47.06% as compared to the previous month. On the other hand, 390 Cloud related jobs were closed in the same month implying that companies took out 36.36% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new Cloud related jobs posted decreased by 67.37% and the number of Cloud related jobs closed increased by 65.25%.
In terms of Compound Monthly Growth Rate (CMGR) between October 2023 and January 2024, the number of new Cloud related jobs posted observed a negative growth rate of 31.16%, the number of active Cloud related job postings observed a negative growth rate of 17.33% and the number of Cloud related jobs closed observed a growth rate of 18.23%. Between October 2023 and January 2024, the average number of Cloud related jobs posted stood at 220, number of Cloud related jobs closed stood at 297 and number of active Cloud related jobs stood at 788.