The unluckiest batch?

Talked to the son of my Dad's friend recently. Brilliant kid has a good GPA from IIIT-H + 2 research internships and 1 summer internship at good companies. He still can't find a "good" company to get into. (Side Note: "good" implies a high paying job relative to last couple of years) Apparently, most of his friends in other colleges are in the same boat. Massive pay correction has happened. The undergoing rationale is that companies hired Class of 2022 with no restraint because the demand was really strong during their placement season in 2021. This appears to be directly correlated with quantitative easing in the US and a low interest rate environment that was conducive to fundraising for several Series A+ startups. By the time Class of 2022 entered the market, everything changed and they felt some short term change. However, Class of 2023 is having a much tougher time. They are shoved into the job market in a time where demand is low and they are competing with kids who graduated last year. Ongoing consensus appears to be that a huge chunk of their batchmates are going to get their Masters abroad. Their hope is that by the time they graduate out of grad school, the economy will pick up and demand will be strong while they're poised to take advantage of that with bump up credentials. Unfortunately, this also implies that many of them will end up in the CPT-OPT-H1B-Green Card hell. This is really a tough spot to be in.

IIMboacki 2y or 1y package is less than masters union 1y course!!! Do u agree or have any perspective?

Hello everyone, I am currently in my final semester of college(Tier 1). I failed to secure a placement from on-campus placement drive. I am looking for off campus opportunities. Due to my family conditions I am thinking of applying for foreign startups who hire freshers from India, pay well(decent, I am not expecting very high pay) and remote work option. Thanks

36% of IIT Bombay graduates fail to get placement.

So went to tier 1/1.5 , EE branch , during placement I never really found interest in DSA. Thought I’ll do a simple job but now when I see my peers getting into big product companies , with great pay I feel so sad. I feel like I should have prepared better. And then after coming to Bangalore it feels even more sad because whenever I go on dates the other guy is always an IIT guy earning more than me 😅. Even among my friends I kinda envy them that they have chill wlb plus better pay . Is this how life is?

Market is that bad that this isn’t about 4-5 people but 72 candidates at IIM-L do not have a job. Saw this on Twitter.