Across 729 companies that we track — some of the largest employers in the world — job listings in China have plummeted in the past week as the coronavirus has dragged some businesses in the region to a standstill.

For the week ending January 13, 2020, these companies combined to list 102,000 job openings. Two weeks later, that number fell to just under 53,000.

The top-10 employers in China among the 729 companies we track here include Tencent ($HK:700), AstraZeneca ($AZN), Apple ($AAPL), Bosch ($PRIVATE:BOSCH), among others. These companies alone counted for a 25,000 drop in listings in the past week alone.

Ticker Symbol

Company

Listings in past week

hk:700

Tencent

24,761

nyse:azn

AstraZeneca plc

4,930

private:bosch

Bosch

2,782

nyse:pfe

Pfizer

2,759

nasdaq:aapl

Apple

2,447

vtx:rog

Roche

2,169

nyse:gsk

GlaxoSmithKline plc

1,888

nyse:abb

ABB Ltd

1,872

nyse:sny

Sanofi

1,804

nyse:c

Citigroup

1,616

The largest employer in terms of new job listings, Tencent, scaled back openings in China by around 13,000 cumulative listings in the past week.

Earlier this week, Tesla Motors paused operations at its new Shanghai operation. Meanwhile, Huawei's Wuhan research center, which normally houses 8,000 employees, was reportedly nearly empty this week. The job listing freeze we're seeing here could just be a fluctuation, but if it is an HR reaction to the virus, its effects will be felt for much longer than it likely takes to stem its outbreak.

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