A splash of cold water. That might be Q3 in a nutshell.
Rewind three months and optimism was high. A market rally and continued growth in executive hiring served as confirmation for optimists, despite stubbornly high-interest rates and global conflicts.
Now, it seems those flurries of activity were anomalies.
Now, it seems those flurries of activity were anomalies.
Download the report to gain insights into these Q3 trends:
- In the public sector, opened executive search dropped 29% while the S&P 500, Dow Jones, and Nasdaq all posted their first quarterly declines in more than a year.
- Within private equity, companies saw a 15% decline in opened searches while exit values fell 41% QoQ.
- In venture capital, opened searches fell 12% while quarterly deal count hit a three-year low.