Mumbai : Many engineering students of the 2022 batch looking for jobs in startups they had earlier refused offers from IT services firms have delayed onboarding till May 2023, citing lack of demand.
The prospects for the 2022 batch get even darker as many companies may now opt to recruit from the fresh 2023 batch.
As a global recession looms, IT services companies are delaying onboarding and altering program offerings, leaving engineering graduates in a state of uncertainty. The tight job market has added to the challenges faced by the graduates.
In an email to one of the engineering students, Infosys said, “To facilitate this benefit for you and to better align the start of your career with the most relevant projects, we will update your employment start date.” are rescheduling to May 22, 2023.” job in March last year. Despite initially being told an August start date, the Bachelor of Computer Science has faced multiple postponements. In correspondence in December, Infosys reported further delays, setting the joining date for May.
“We understand this may change some of your plans, but we are committed to giving you the best possible position for success as you begin your career with Infosys,” the email said.
After a year of aggressive hiring from engineering colleges, the prospect of a global recession has hurt margins and forced IT firms to recalibrate hiring plans.
Infosys had said, ‘Hiring at Infosys is always done according to the client’s need, and as a result, we spread the joining dates of different batches to align with changes in project schedules and also ensure that Employees should have access to the right training. Peppermint Last year.
Large IT services companies – Tata Consultancy Services, Wipro, HCL Tech, Infosys and Tech Mahindra – estimated a combined hiring of 180,000 freshers for the year beginning FY23.
Freshers joining Wipro are also facing delays. The company told campus hires that they would be required to attend an alternative program of their choosing, which would take a 46% pay cut. Wipro cited the need to “adjust onboarding plans” in response to macro-environmental changes.
But the decision has prompted graduates to ask why their onboarding is being delayed if the company has space to accommodate graduates selected for other programmes.
“Wipro came to my campus in September 2021 and made us an offer in December. I was shortlisted for the elite program and am yet to be onboarded. I’ve waited for over a year, and now there’s no communication on our dates,” said a computer science engineer from Chennai.
Wipro hired students under elite program (Salary 3.5 Lakh), and some of them were trained in Java and Full Stack technologies, and made to join the Turbo Program (Salary of Rs. 6.5 lakh). Now, the company has asked the latter to take up the role under the Elite programme, which means taking a pay cut. Coming under the elite program, questioning his future with Wipro.
“If Turbo Lott comes in our profile, where do we go? Other firms have freeze,” said the Chennai-based engineer.
Wipro responded, “In light of the changing macro environment and, consequently, our business needs, we had to adjust our onboarding plans.”
A TCS spokesperson did not respond to this. PeppermintInquiry of.
Engineering graduates are facing increasing challenges as the global recession persists.
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