The global economic slowdown has compelled companies to curtail hiring and offer reduced salary packages, significantly impacting students across prestigious IIT campuses. At IIT Indore, Director Suhas Joshi highlighted the strain caused by reduced hiring numbers, necessitating innovative strategies to navigate the challenging placement season. Challenges Across IIT Campuses: Students at various IITs, including Bombay, Kharagpur, and Delhi, are grappling with similar adversities. The drastic reduction in hiring numbers has led to a sharp decline in job opportunities for graduating students. Moreover, phase two of campus placements has witnessed a significant drop in salary packages, with some companies offering meager compensation as low as Rs 60,000 to Rs 80,000 annually.
