IIT placement challenges continue as premier IITs face an unprecedented tough placement season due to the IT sector slowdown.
The impact of the tech slowdown shows that traditionally insulated from negative trends, IITs now grapple with the effects of the tech slowdown, making this one of their toughest placement seasons.
IT majors like, Amazon, Infosys, and TCS retreat from campus hiring, contributing to a significant hiring freeze in the IT sector, making it difficult to get a job in one of the companies.
Startups are cautious as they are conserving cash amid a funding winter and economic uncertainty, contributing to a slowdown in overall hiring at IITs.