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Engineering colleges stare at tough hiring season
Some companies are yet to onboard students from the previous batch, others are not visiting campuses or are revising salaries downward. The situation is expected to continue for the next few months at least, putting students in a tight spot, though colleges have tried broadbasing the recruiter pool to ensure minimal impact on placements
Source | economictimes.indiatimes.com | Sreeradha Basu | Prachi Verma
Engineering colleges, in the midst of the second phase of placements for the Class of 2023, are caught in a situation where some of the biggest information technology (IT) and IT enabled services (ITeS) recruiters are hitting the brakes amid margin pressure as well as fears of a recession in developed markets and an uncertain demand environment.
Some companies are yet to onboard students from the previous batch, others are not visiting campuses or are revising salaries downward.
