Nference joining delayed

I am a 2024 graduate and I got an oncampus placement in media.net in December 2023 and initially my date of joining was july 2024. A month ago I got call from there HR that my joining date is postponed to August 2024. Now today , they call us and inform that the date of joining is further postponed to 6th Jaunuary 2025 . What are we supposed to do in this scenario? If anyone has any openings please let me know.

media.net (DirectI group) has postponed the joining of product managers hired from campus placements of top BSchools of India, IIM ABCL ISB XLRI etc. No specific timeline has been provided, HR said “joining is postponed”, that’s it. Insider news is that layoffs are happening at media.net and employees haven’t been given any appraisals this year. They are also forcing work from office on their employees so that they resign by themselves. also, I read a news article related to Ad Fraud done by media.net on Forbes Website. https://www.thedrum.com/news/2024/04/04/forbes-accused-selling-mfa-media-brands-under-guise-legitimate-ad-space Media net is in a very bad shape rn. RIP 🪦

It seems like the bear market effects are down upon consulting firms now too Got to know from multiple people that were joining top consulting firms that their onboarding is deferred by 6 months (across places like Bain, McK etc) Already enough existing employees aren’t on active cases, and so it seems like they’ve hired more than there is demand for cases, people who have actually been sitting on the bench for months If demand does not return, this could really stack up and lead to a problematic situation

Roughly 2.5% of the workforce. Are there any details on teams and geographies impacted?

Heard from a junior today that one of the consulting firms is delaying their joining from August to January This is in line with what most other firms have done as well (MBB). I saw the email as well, and the lack of any empathy was alarming. It literally said "We are delaying your joining from to Jan because of changes in training plan" and that we feel this is in your best interests. I get that business would be tough, there are probably not as many cases right now, and hence they are doing this. A) It is screwed up to break commitments for your joining date, just because you don't see as much demand around the period. These students are literally pumped about their first job, and to start off like this is just sad B) At least if you are doing the above, have the courtesy to explain the proper financial reason behind it Overall, really sad to see what graduates this year are having to go through, it's just random.

Is it true that fynd is currently piping employees and also delaying new grads onboarding?

They have deferred the dates to God knows which date by estimating it to the last quarter of the year . The offer letter was sent the previous year a day after the interviews after 1 year they are letting us know about the date being deferred . They should have informed us earlier now there's no chance to sit back in placements.

2023 grad. Was selected in a company during on campus placement but they have delayed joining till 2024 stating business requirements and a dearth of projects. Came to know that they have again come for campus placements to hire 2024 grads from my college. What is this recruitment strategy? Will I get joining date ever?

Fynd delayed joining for new grads by jan 2024.anyone currently hiring freshers?

Hi everyone! I am a fresher and had a full time offer from Byju's and I had joining on 16th June which got deferred to 2nd August. Today I got another mail and it is further deferred to January 2024. I don't have any other offer right now and I tried texting HRs on LinkedIn but no response. I used to be an active CP coder in college days. Any referral help/advice is appreciated. Thank you!