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Campus blues: mass layoffs put IITians on edge

Microsoft, Amazon, Google and Goldman Sachs have operations in India and also are regular recruiters at top Indian campuses including IITs. This year, both Microsoft and Amazon are hiring fewer numbers from the campuses, according to multiple placement sources.

Source | | Prachi Verma | Sreeradha Basu

A degree of apprehension has crept into elite Indian Institute of Technology campuses that are in the middle of a placement season, triggered by the news of layoffs at a number of recruiters including Amazon, Microsoft, Google and Goldman Sachs.

While the second phase of placements is underway at IITs for the Class of 2023 with around half the batch already placed, students are worried about the possibility of some internship and final offers being revoked or pushed back later in the year due to macroeconomic

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