The latest report from IIT Bombay reveals that 36% of students are yet to secure jobs, with approximately 712 out of 2,000 registered students without offers.
The global economic slowdown has impacted placements, making it challenging to invite companies. Negotiations on salary packages were common, with the Computer Science and Engineering branch facing unprecedented struggles in securing placements.
This year, 35.8% remained unplaced, marking a 2.8 percentage point increase from the previous session. Domestic companies dominated the placement drive, contrasting with the usual international trend. Earlier reports of 85 students receiving ₹1 crore packages were corrected to 22 by the institute.