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The recent employment situation at IIT Bombay is concerning, with 36% of graduates facing unemployment despite the usual "100% placement" news from top institutions like IITs and IIMs. This comes amid a challenging job market globally, marked by mass layoffs and hiring freezes by major companies.
The India Employment Report highlighting 29% unemployment among graduates adds to these concerns, especially for highly educated youth facing job market challenges. The situation reflects broader economic uncertainties impacting job opportunities, even for graduates from prestigious institutions.
The call for alumni help for placements from institutions like IIM Lucknow and BITS Pilani underscores the need for collaborative efforts to address the employment crisis. It's a reminder of the importance of networking, mentorship, and industry partnerships in navigating the evolving job landscape.
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