If you are looking for new opportunities, you know very well that this is probably not the best of times to be in the job market.
With some of the biggest companies in the world resorting to layoffs, hiring freeze, and other cost cutting measures, finding a job is increasingly becoming difficult.
The turbulence has also affected the campus placement prospects of students graduating from some of the best colleges in the country.
Birla Institute of Technology and Science, Pilani (BITS), one of the most reputed institutes in India has reportedly sought the help of its alumni to find job placements for its 2024 batch of students.
Arya Kumar, the dean of Alumni Relations has written to the BITS alumni network requesting their support in finding suitable job opportunities for their junior bath.
"You are well aware of the current industry downturn and its effect on the businesses and prospective hiring. The global economy has not experienced this kind of slump since decades. The technology sector is radically impacted, with around 4 lakhs employees being laid off globally since January 2022,¡± he said in the letter.
"In spite of business adversities, BITS Pilani has stood strong, with our closing placement statistics for the academic year 2022-23 standing at a healthy 89.2% for Indian Campuses. Since then, however, the hiring slowdown has only deepened.?
Although the placement teams are doing their best, they would be very appreciative of support from our esteemed alumni to help them tide through the current crisis," he wrote further.
While Ravi Handa, who posted the screenshot of the email on social media said he was unsure of its authenticity, many BITS Pilani alumni confirmed that it was real and that they had received the mail.
Last month, the Indian Institute of Management Lucknow (IIM Lucknow) had reached out to its alumni network to maintain its legacy of 100 percent placement for its students.
IIM Lucknow had sought employment opportunities for 72 of its students from the current batch.
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