Amid tough job market, campus-placed candidates stuck in limbo with unresponsive companies & delayed offer letters

The recent downturn in the job market has left graduates struggling to secure placements, with even those from top institutions facing uncertainty. A viral Reddit post highlights how some, who did secure jobs, are now facing delays in receiving offer letters, sparking debates on the reliability of campus placements.

Srishti B DuttaUpdated: Aug 28, 2024, 12:36 IST
3 min read
stressed man

The job market's recent downturn has created significant challenges for graduates, with many struggling to secure placements. Even students from prestigious institutions are not immune¡ª36% of IIT Bombay students were reportedly unplaced by April, near the end of the placement season. Now, it's becoming evident that even for those who did secure jobs, the situation is far from ideal. A Redditor's recent account of his post-placement struggles has revealed a troubling reality, with many others sharing similar difficulties.

Have a look at his account here:

Got placed in a "reputed" company through campus, this is the current state
byu/Steelmonk2809 indevelopersIndia

The post begins with, "Got placed in a 'reputed' company through campus, this is the current state," and shares a message sent by a fellow candidate hired through campus placements to the company.

It details: "Got placed on campus pretty early and so never got a chance to try out for any other companies (college policy). We got an internship offer for 5 months which ended in May. No communications from their side for almost 3 months. Last reply was on 14th August saying they need clarity. We were told we'd be getting our offer letters before 2-3 week of August. I know it's part our fault for sitting still for so long, but we have also been trying off campus but to no avail."

The selected candidate who sent the text writes to the company, "We understand that we are fortunate to have a job offer in the current market conditions. However, many of us have rejected offers from other companies to join BGSW [Bosch Global Software Technologies]. It is very difficult to wait indefinitely without knowing when we will be called back."

They add, "We feel disappointed when we see our batchmates posting, 'I'm thrilled to announce that I am starting a new position at so and so company..' on LinkedIn, while we remain uncertain about our situation."

Jobs offer Representative image

Are campus placements a scam?

In the comments, people shared their views on campus placements.

One user wrote, "Placements are a scam. no matter even if you're from tier 1... once offer is signed, even if company starts treating you like turd, like delay onboarding or not align you on job descripted job designation or delay your pay or kick you in a week or day, college has no accountability and nor company."

Another offered advise: "Here is something from decades of experience, if you get an offer, as a fresher, experienced, doesn't matter, the job is not yours until your ass is in their chair in their office and your security clearance, Id cards etc are generated. Till then keep interviewing and getting backup offers."

What's your take on the situation?

For more information on exams, results and careers, please visit Indiatimes Education.

Srishti B Dutta

Srishti B Dutta brings you everything from rags-to-riches tales and inspiring student success stories to those "No way, this can't be real!" moments. Whether it's intriguing, heartwarming, or just plain quirky, she's got it covered.

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25/11/2024 4:14:32
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