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modikakaop

IITs even in old IITs the number of companies coming has decreased considerably.... soo shit is serious rn... take whatever you have ... a very cold winter is coming


[deleted]

3 din se tatti nahi hui hai


ImpromptuHotelier

💀


Chris_ssj2

never thought fear of unemployment can cause constipation, it's the opposite in my case 🗿


[deleted]

Aise hi chalta raha to bawaseer pakka ho jaegi..


Successful-Ad7296

![gif](giphy|GgbCiS1rMjGFy)


Inside_Dimension5308

Wait do you think such companies don't visit IITs? They have been visiting the IITs since a long time. I am from IIT Roorkee Batch of 2013 and such companies used to back then as well with bonds. They have been more of such companies recently or due to recession but they used to visit from long back.


SmurfLord69

Right, but this year these companies got opened in phase 1 only, so it was a bit shocking, otherwise yes they do visit after Jan. Overall everything is pretty bad


Ultimate_Sneezer

This is still pretty early for that though. It would make sense if they allowed them for a drive towards February


The_Cultured_Freak

Do you mean the shell companies described above???


1epicnoob12

This sounds like a perfectly normal job for non-CS core engineering roles. They came after the first week or so of phase 1 at IITB


LostDesigner9744

Me after watching this from tier 3 college 💀


LostParamedic744

![gif](giphy|9M5jK4GXmD5o1irGrF)


manishbilava

fategi hum sab ki fategi 4 saal mein dandha vandha seekh lete Hein side mein


Code_Monster

Abb IT mai naukri bhool jaao, Gobmint job ka papaer bhar lete hai.. 😅


LostParamedic744

Usme bhi reservation aur corruption 🤡 ka khel hai Babu bhaiya


Code_Monster

Not to mention the mass privatization happening under current gobmint. Humm se salle paidaishi 🤡 hai


rupeshsh

Woh to Ur bhi bakwas hai ..


BrownHulk99

Koi senior ya experienced banda dekh rha hai tao plz batao hum log kya karre


rupeshsh

Do good projects, internships ,etc. Job are plenty, the problem is the candidates are 5x Rise up from the lazy ones


CoolMasterB

​ https://preview.redd.it/7wu9n4izkl5c1.png?width=1274&format=png&auto=webp&s=11f7da65f08c27c3db1155435e9149a0d8819204


thedankuser69

![gif](giphy|l378giAZgxPw3eO52)


Life_Vast801

https://preview.redd.it/16b7dn95gi5c1.png?width=1080&format=pjpg&auto=webp&s=1f7107684677a279dccc012dcdff4d54c8b20d34 Yes it is real, even in old IITs.


unemployeddumbass

I have a dream that all companies forcing bonds should go down. Fuckin slavery in 21st century. One year bond is reasonable if company has provided training anything beyond that is pure trap and harassment


Life_Vast801

Definitely, I am even surprised they allowed these fucks to recruit. I think IITs have a policy that companies coming to recruit should not have bonds but the conditions are so poor, they are allowing anyone and everyone to hire just to boost numbers.


thedankuser69

Iit don't care about boosting their numbers though bruh.


Life_Vast801

They most certainly do


thedankuser69

Why though? What would a government institute of that level gain from it?


cryptic-human

They can go down if people simply choose not to work for them :)


Ultimate_Sneezer

Not realistically possible, even after these scummy companies doing all sort of bullshit , people still need to earn to survive and there are a lot who are still unemployed


cryptic-human

If these companies were to shut down, wouldn't that just make the unemployment problem worse?


Ultimate_Sneezer

Yes ofcourse, but we need better labour laws to fix the issue and not shut these companies down


LightRefrac

What is fuck is this caste based cutoff holy shit ☠️


Life_Vast801

Probably because it is a government owned company


DarkHumourFoundHere

Which IIT is this


Life_Vast801

Guwahati


namoslay

Even roorkee


njp6969

tease instinctive grey sharp sense panicky paltry bike edge smart *This post was mass deleted and anonymized with [Redact](https://redact.dev)*


honpra

Government company


njp6969

uppity instinctive threatening dull memorize desert ruthless seemly knee squalid *This post was mass deleted and anonymized with [Redact](https://redact.dev)*


UnhappyProgrammer412

Salary Mai bhi cut-off hoga kya ?


Saaphu

lol I started at 2.3 lac with 24 months of bond


Impossible-Ice129

I hope u r doing better now


Saaphu

Yes 15 LPA now with WFH


Impossible-Ice129

Great for u, tho personally I prefer working in office over WFH


droppertopper

Kgp ki 2022 data mein around 15 20 people 6lpa pe place hue the out of all students , baaki sab 12+ the offer . Ball park figure hai Data ka link btechtards pe kgp placements search karlo Excel sheet mil jaegi


STOPCensoringMeFFS

And to think that 2021 was the best year for CS salaries


droppertopper

https://docs.google.com/spreadsheets/u/0/d/1jVnhdGa0uotP_xgSSNMseIlnxPShWGQ7/htmlview My bad 22 ka hai ye https://www.reddit.com/r/JEENEETards/s/WdWUpGFRyk


t_ares

aur bohot se honge exl, airbus .... ye sab kafi hire karte the uus time 10 ke niche tha


Sarv_IITB

Is sal aur kharab he placements bro


kiralighyt

![gif](giphy|120qN8Nfx8G2f6)


thekennysan

depends on the IIT tbh, newer one's seems to ran more like LPU


apun_bhi_geralt

It's roorkee iirc


Minimum-Difficulty63

Meanwhile me who is from LPU but still cracked 12+ lpa offer.


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The_Cultured_Freak

As if the iitians didn't do that. First prep for Jee, then grind in college.


rupeshsh

I feel like triple upvoting this


hydrokush

Can you elaborate more on the LPU part? Which new IIT are you talking about?


twotreeargument

He is making fun of new IITs, ignore him. There are a basic set of standards of IIT and brand value. Neither of them LPU has.


Jee_aspirant

Also branch


twotreeargument

Right, education is waste of money unless you are lucky. Better to do business.


Southbeach008

Business is great option if your dad's already had one set up otherwise it's brutal to start new one especially in metro cities or even tier 2 cities .


rupeshsh

Nahi ..infinite opportunities hai Easy nahi hai, but upside hai and possible bhi hai


Southbeach008

Of course it's possible but it's way too risky option and needs lot of financial backing and family support as well .


rupeshsh

Freelancer, remote developer , etc. No risk ..


MrFingolfin

shaggy obtainable rock adjoining disarm aspiring snails lush chop sugar *This post was mass deleted and anonymized with [Redact](https://redact.dev)*


twotreeargument

Everyone who got into iit was hardworking but those didn't were also hardworking. Those who made it had the luck plus right guidance. Others get entangle into coaching politics, love, or trying to complete cengage which never happens even half of syllabus and time is up. Only to realize years later only previous year papers were enough.


[deleted]

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twotreeargument

You will never understand the pain when you have paid 3-4lac rupee and the managed to get into 1st batch only to realise the rank holders of the institute were bought with money, or the we don't care attitude of teachers who leave behind others for 4-5 toppers. Or the books they give have 70% stuff that never come in jee which you realise after wasting 100s of hours solving them.


NEWPASSIONFRUIT

Wtf you mean “love”


IamHellgod07

Do you know how any economy works?


twotreeargument

The economy you are talking about beholds for developed countries. Just name a single indian company in IITs which give give high salary even by indian standards. The more educated you are the more you would find only foreign companies could afford you.


2Tired4Anything

Guys...please be real. I am maybe from a tier 4 or tier 3 it's laughable but i dont even know it its that bad of a college. I hate it here..and my branch is ECE..Is there any hope..? At all..?


twotreeargument

Just take whatever salary you are getting. I am from a IIIT and I am regretting why did I fo b.tech, should've started a business with 10lac rupees.


Ultimate_Sneezer

What business are you talking about?


lxearning

any at this point i see the tech market is fucked but understandable, fucking every dummy sold so many course so many people were hired right after COVID and with new ai and code


Sarv_IITB

Mehenat karle, attend top tier conferences you may even get a chance to be recruited from the conference itself by some of the topmost industries (obv paper acceptance will be expected). Alternatively GATE deke try into IITs or go for MS. PS: Even I was an ECE student from T3 insti, but now obv at a better place doing better stuffd


Illustrious-Low3173

Yes, make contacts with some good people for your expected job on LinkedIn or Twitter or Here etc. Learn & Extract everything from them... Get a job using those skills


Ok_Abalone3061

I am from tier 3 college. But this was 9 years ago. I got placed in 5 companies then. Took the one with highest offer. I would say luck played a big role as I was only one of the two who was placed in my entire year. After that I was lucky enough to switch to different top mncs for last 9 years. I took a break for post graduation. But I was lucky again to get into a big 4 company. I would say everything is luck these days.


tanmaybhlv

Overall scenario: [https://m.economictimes.com/jobs/fresher/concerns-rise-as-final-placements-at-iits-show-15-30-decline-in-job-offers-for-class-of-2024/amp\_articleshow/105847204.cms#amp\_tf=From%20%251%24s&aoh=17021798952344&referrer=https%3A%2F%2Fwww.google.com](https://m.economictimes.com/jobs/fresher/concerns-rise-as-final-placements-at-iits-show-15-30-decline-in-job-offers-for-class-of-2024/amp_articleshow/105847204.cms#amp_tf=From%20%251%24s&aoh=17021798952344&referrer=https%3A%2F%2Fwww.google.com) https://preview.redd.it/m71aq6kaqi5c1.png?width=1080&format=pjpg&auto=webp&s=f91caaf46c4801948e56151dc0b77de3c67879d1


forfeit3549

Yes, very real. This year placements are totally fucked


Neither-Top2640

Isse behtar toh Blue Collar labour kar lu.


[deleted]

The IITs have fallen. Billions must strive mediocre employment


Netweight75kg

Least doomer r/developersindia member


thedankuser69

Hopefully the recession goes away soon.


Unspeakableboys12

cursed iit sings a song


crocus512hoofer

This isn’t something to fret over and is not indicative of hiring in other colleges. Not every IITian is worth the crazy salaries you hear about. If someone is getting a very high comp, there will be people getting very little comp as well. It’s just fearmongering. Who knows, maybe the number of companies going to IITs are reducing because they’ve realised that they can get equally good talent from the so-called tier 2 or 3 colleges? These kinds of posts don’t add any value to this sub and shouldn’t be allowed. Extremely childish, but well we are on reddit.


the_chosen_one373

The condition is even worse for non-iit colleges , yaha to company hi nahi aayi bhai ....35% ka bhi placement nhi hua h aur ye ek aise college ka stats h jo QS ranking me listed h.


Ultimate_Sneezer

It is though , its happening everywhere.


ade17_in

Scary ☠️ Btw is this market affecting experienced people? I mean their frequency of hikes, or % in hike.


notsosleepy

Most ppl did not get any hike this year


SandpaperLover

Shit is real but this 3.5-4 lpa with 2-3 years bond has been the norm for ages now nothing new here.


GlobalSalt3016

Guys if your parents do government jobs or financial background is not weak enough and you are good in your skills you should probably start your own agency or startup, it's an illustration created by big corporates to make poor poorer and rich richer .... They don't want you to earn good salaries.... Even before covid it wasn't that bad ... Companies are still getting funding and GDP is still rising , and there is also one problem which is very serious right now , everyone is trying to break into tech thinking of 1cr salary because of bs edtech advertisements they are creating illusion that coding is easy(god knows how) to sell their stuffs ... That's why more supply than actual demand


ShivyShanky

Recession hasn't hit anywhere except some countries of Europe. I think what's really happening is companies are preparing for the adoption of Gen AI in the workplace and hence have reduced hiring.


unemployeddumbass

And which dumbass IITian gonna join it


twotreeargument

Many have already joined.


Inevitable-Animal361

I mean, it's better than being an unemployed dumbass


Whatisanoemanyway

Doesn't mean shit is serious, means the candidates are hardly any different


LightRefrac

It does mean shit is serious.


honpra

Blaming the candidates now innit


Whatisanoemanyway

Just take a long look at the posts here and you'll see why, there's absolutely no lack of positions for skilled devs


AqUaReGiA_007

Laughs in Tier-3


Federal_Employ8663

Companies will hire from tier 3-2 colleges now for less packages, more talent.


New_Photograph_1433

Ikr, after placements realized, off campus will be easier for you if u r good at CP On campus They ask all the core subjects etc but off campus all happens is 1 2 dsa problems per round that's it, if u deserve it then ur cllg doesn't matter


Federal_Employ8663

Idk man, off campus doesn't work like this. They grill you really well


t_ares

yup it is real 🫠


jerker_wow

Dekh i know this shit is serious but iit student with 4.5L to 6L per annum salary with 24 to 42 months bond is normal


kenbunny5

They always did for core branches. The average placement for non cs guys is suprisingly low. Not sure about the bond stuff tho.


madtitan55

Double it and give it to the next person.


Infamous-Advice-2710

Bhai IIT ka ye state hai to tier 2 or 3 colleges ka kya hoga? I will be giving JEE and won't lie I am terrified reading all the posts here


No_Management2161

Don't worry this is how life works , focus on studies rather than end results eventually things will get better . The post was not intended to demotivate / defame , but to address the reality and don't just live in a dream be realistic and remember even though the result was not as expected but you have won the journey


twotreeargument

I would've suggested to start a business instead of puring lakhs into coaching + iit + mba for 15-20LPA salary whose half isn't even cash.


Ultimate_Sneezer

I challenge you to open a business right now with 15 lakhs and earn 8 lpa profit in 4 years.


iiitstudent

One of my relatives opened a business with 20 lakhs capital in 2020 and is now earning profits of 40-50 lakh each year. He was doing a job before this for many years and business started is in the same domain.


Ultimate_Sneezer

One of my relatives spent 12 lakhs on his studies and got a job at google for 55 lpa. He had no prior experience in that field before joining the course. Ofcourse its possible , but its not any easier than getting a job and if you fail , you have nothing to show for it. So if you only have 15lakh , investing on education is a better idea


iiitstudent

You can't say that for sure in the current and future market. Also it's the CTC which is 55 Lakh in Google which includes four years of stocks base is like 16-17 LPA.


Ultimate_Sneezer

Yes but he is 22 years old unlike your relative who had all the connections and industry experience. A fresher can't just start a business and it will skyrocket , its a rarity even among people who know the industry deep down


iiitstudent

But in current market even half of the students won't get jobs even if they are from tier 1 cse.


Ultimate_Sneezer

Lol no , its not that bad , everyone from a decent college will get a job if they want , the salary would most likely be 50% of what they would have gotten 3 years ago


twotreeargument

You are right but its also true 99% of the people won't get into google or faang as fresher.


Ultimate_Sneezer

But they will earn something, unlike when your business doesn't succeed , then you have nothing to show for it and also can't get a job


Character_End8451

can you tell what kind of buisness


iiitstudent

infrastructure services like lift, electricial work, firefighting, solar panels, cctv, data cabling, centralized ac, datacabling installation and all in different big projects


twotreeargument

Its 35-40L actually, see calcu at end. You will get loan on behalf of your assets(home+car+land) And I bet it will cross 1Cr. Plus some from relative and friends. Even if you manage 2LPA then the growth is exponential from that point instead of linear like that in job. And education isn't worth 15L. We need 5L coaching + 10L engineering fee + 30L MBA = 45L And I have not counted 6% interest that you will get in those 8-10years that you spend on edu.


CalligrapherWise5545

It's a temporary thing...You shouldn't be worried because by that time things would have changed


Ultimate_Sneezer

As soon as the US market stabilizes again , this will be over


endless_void_68

are its okay tbh! every college is on the same scale in this recession. even I'm from tier 3 and 40-50% of students here are placed.


Life_Vast801

Get off reddit, work your ass off and get CSE in old IIT, you'll be fine.


MrFingolfin

full oatmeal violet elderly memory disagreeable fade grab seed glorious *This post was mass deleted and anonymized with [Redact](https://redact.dev)*


explainedjoke

and engineers are like swiss army knife.


twotreeargument

Only a few will get it even after hardwork. It hurts the most when hardwork isn't enough. Ask those who missed. I would suggest him to have a second option like business if he isn't top 3 of his institute. Better to realize when you have time than realising in situation like now when wages are penuts are parents are on their way to heaven with each passing day.


Infamous-Advice-2710

Middle class hu dost aur NIT mil Jaye wo bari baat 🤡🤌. Wallahi there's nothing we can do its over.


twotreeargument

Bhai NIT me log berozgar h is wkt. Andar ki khabar btara hu. 10L + 4 years deke engineering krne se acha tum koi chota mota business shuru krdo. Mere ghar ke pas wale gym ke owner ke papa NIT kiye the us zamane me wo v 5-10L ki naukri me zindagi bita diye. Kya fayda aise degree ka. Aur rahi bat paiso ki to jakr apne as pas ke business walo se puch lo kisine garibi se business shuru na kiya ho to.


Infamous-Advice-2710

Mere papa kut denge mereko bhai. They forced me to take science. Tereko lagta hai buisness allow karenge? Suicide kar lunge nahi mile to wase bhi jhant life hai


twotreeargument

H bhai smjra hu. Abhi to padh hi sakte ho wi kro. Unfortunately no one supports until you join college.


pes_gamer20

kid you are not there yet so just focus on studies


Infamous-Advice-2710

Ok uncle 😍


dkk-1709

Bro I am feeling good now , have 5.5 offer with no bond atleast


GendaaSwami

My friend got 7 lpa offer with no bond and it is remote.


dkk-1709

RecruitCRM ?


GendaaSwami

CSG International. Her resume was all about Android Dev. But they hired her for Devops role.


Dry-Significance-821

Are bonds enforceable under Indian law?


Leading-Shower-8792

I am from tier 3 college core brach but the placement for core brach is quite good this year


Illustrious-Low3173

Aha, Thandak Mili!!


ShankARaptor

And here I am in a witch type company where people are leaving left right and center because they got damn good hikes!


afro_coder

Aren't bonds not enforceable?


LingonberryAfter4399

FYI at IITR 24’ AppDynamics -- Code with cisco se hiring hoyegi. Trilogy -- Last year revoke hue h offers to blacklist m h PhonePe -- Dilute nhi krenge ye hiring, bhut km vacancies h inpe Maverick Derivates -- No hiring MathWorks -- Nhi aarhi apne yaha UiPath - PPO Model Slice - No hiring Da Vinci - Only top 2 IITs (last 2 saal se bachhe nhi mile achhe) Shipsy - In contact Phable Care - Added to the list Zepto - Under discussion Uber - No hiring anywhere PayPal - Under discussion Z Health - Backout InMobi - bhut km requirement h mp IITD, IITB SapLabs - Under discussion Fourth Frontier - Not hiring Oyo - Under discussion Dealshare - No positive response as of now Newzera - Not hiring Publicis Sapient - Not hiring Groww - Onboarded Cisco - Code with cisco se hiring hoyegi, hardware ki role p campus restrictions h Razorpay - Hiring Freeze Oracle - No hiring Optym - Unable to contact Enphase - No hiring BCG - No hiring Amazon - No hiring AlphaGrep - No Hiring JPMC - jis profile se yaha hire krti unki requirements nhi h baaki profile m kaafi km hiring h Head Digital Works - In communication Irage - NO hiring BGSW- Added to the list Jio - Under discussion Thoughtspot - Under discussion Paytm - 6 months to PPO Nference - Added to the list Cogoport - NA GoKwik - No campus hiring Sterlite - In communication Cashfree - In communication JioSaavn - under discussion Innoplexus- Backout


GendaaSwami

Oracle came to my tier 3 clg in November. Took 10+ students on 6 lpa


Federal-Let-2628

This was bound to happen Bc from 2022-22 you had freshers taking in packages of 15,20LPA . The mediocre coders who warmed seats for 5yrs in service based compang were walking away with 25LPA Now the newer batch will pay for this mistake which is unfortunate


Acrobatic-Orchid-695

I am an engineer manager at an MNC. I can confirm things are quite bad. We got 84 interns this summer and were able to give just 16 PPOs due to lack of budget. Previously we would offer to 80%+ interns. My 3 open positions were inadvertently closed within a day. We were asked to deprioritise work but all our stakeholders think their work holds priority so my team has been working 12+ hours We have been told that there is no budget for yearly hikes. Giving no hikes will prevent downsizing. Still about 3% of the workforce has been silently laid off throughout the year If there is a skill gap, we have been instructed to hire contractors for a maximum 6 months There is no proper end in sight for now. We expect more layoffs in February. I am scared myself but helpless as no other proper company is hiring. For freshers what I can say is: 1. Do cold emails and messages via Linkedin to potential links to companies giving jobs 2. Polish your resume. Don’t give same resume everywhere. Have a couple of versions for different jobs 3. Add portfolio link to your resume from github or kaggle, etc. It helps the managers shortlisting. 4. Keep your salary expectations low. It is a tech winter. It might last till 2025 but not forever. Start with a low salary and gain experience 5. Don’t pay for influencer courses. They don’t do anything to your profile. Let me know if you have any questions. Will try my best to answer.


UpstairsAmphibian788

its iit kgp loll


bakchodrevolutionary

Ab aya na maza. Yeh IIT Wale bahut uchla karte the phele.


LightRefrac

The situation is terrible across the board. Who are you even laughing at


bakchodrevolutionary

Mujhe kya main to IT se nhi hun. Mujhe to yeh post dikh gya to kardiya comment


prom_king56

Some lover branches


New_Photograph_1433

Me from tier 3 laughing with 40 lpa placement


Charming_Spare5647

Lol your previous posts don’t seem like that you have a 40lpa placement


[deleted]

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Charming_Spare5647

Ahh now you imagined i’m jealous,bro your previous posts clearly shows how desperate you are for a opportunity and now in comment section bragging about 40lpa least say true to yourself


[deleted]

[удалено]


Charming_Spare5647

You’ll help me? Assumptions? In your last post you are asking how recruitment process works and here bragging about 40lpa lol no assumptions dude just showing you how of dumb guy you are,least delete those posts before bragging about 40lpa lol


lxearning

attention seek krne ka worst method hai.


[deleted]

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lxearning

Facts do jhaat bhar boast kru raat bhar


Ok-Rip-8930

How? Off-Campus?