The first quarter (Q1) of 2023 saw many companies across the globe announcing layoffs amidst a continuous decline in job postings. Major players like Salesforce, Accenture, and JP Morgan Chase & Co are among the companies that have announced job cuts. Despite this, sectors such as Retailing, Healthcare, and Technology continued to hire actively. key themes driving hiring trends being Cloud, Artificial Intelligence (AI), and Big Data, reveals the Job Analytics Database of GlobalData, a leading data and analytics company.