img

Recession in 2024?

Do you think recession will affect campus placement for next batch

img

randomjocke

Porter

2 years ago

img

KnobbyLove63

Sharechat

2 years ago

img

FunnyBones

Plivo

2 years ago

img

Vespa

Stealth

2 years ago

img

chillmaar

Encora

2 years ago

img

R0dney2001

Stealth

2 years ago

img

Selfexiledwolf

Arista Networks

2 years ago

Sign in to a Grapevine account for the full experience.

Discover More

Curated from across

img

Office Gossip on

by salt

Gojek

🚨 ℂ𝕝𝕒𝕤𝕤 𝕠𝕗 𝟚𝟘𝟚𝟛 might be the unluckiest graduating class 𝔹𝕀𝔾 𝕋𝕀𝕄𝔼!!

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.