Amazon defers offer letters to IIT freshers till January
- Effect of recession on placement of students now
- Reported that the company has avoided offer letters given to freshers for a year in America too
New Delhi: Leading technology and e-commerce company Amazon has postponed its plan to give offer letters to freshers in institutes like IIT (Indian Institute of Technology) and NIT (National Institute of Technology) for campus hiring after massive retrenchment. The fear of recession in America is believed to be the reason behind this.
A graduate student from IIT Bombay said he was hired as a software engineer by Amazon. Now this offer has been postponed till January 2024.
He was recruited at Amazon at SDE-Level One with an annual salary of Rs 30 lakh. He was supposed to join in June. But got an email from HR that your offer is currently on hold. My joining is now in January 2024.
He said the experience of students who had done internships with the company was similar. The placement cell of NIT has also confirmed that the offer letters to some students have been postponed for some time.
In its response to this, Amazon said, "Given the challenging economic environment, we have deferred the joining of some college hires for six months." Earlier in the Financial Times report it was said that the offer to be given to American students in December 2022 has been postponed for a year.
It is worth mentioning that Amazon has laid off 27,000 people in the last few weeks. Amazon CEO Andy Jesse said that the decision to lay off 27,000 employees was extremely drastic, but it was necessary. The company will get its benefits in the future.
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