{"id":1245903,"date":"2023-05-27T12:32:35","date_gmt":"2023-05-27T07:02:35","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1245903"},"modified":"2023-05-27T12:33:13","modified_gmt":"2023-05-27T07:03:13","slug":"amazon-abruptly-delays-sending-offer-letters-to-iit-nit-freshers-find-out-why","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/amazon-abruptly-delays-sending-offer-letters-to-iit-nit-freshers-find-out-why\/","title":{"rendered":"Amazon Abruptly Delays Sending Offer Letters To IIT, NIT Freshers: Find Out Why?"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>Amazon India is putting on hold sending out employment offer letters to campus recruits from renowned Indian institutions, including IITs and NITs.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"465\" src=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/AmazonNow-Banner-2.jpeg\" alt=\"Amazon Abruptly Delays Sending Offer Letters To IIT, NIT Freshers: Find Out Why?\" class=\"wp-image-1245911\" srcset=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/AmazonNow-Banner-2.jpeg 1000w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/AmazonNow-Banner-2-300x140.jpeg 300w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/AmazonNow-Banner-2-768x357.jpeg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<p><strong>\u201cChallenging economic conditions&#8221;<\/strong><\/p>\n\n\n\n<p>The company has released a statement, blaming \u201cchallenging economic conditions&#8221; for the move.<\/p>\n\n\n\n<p>\u201cIn light of the challenging economic conditions, we&#8217;re delaying the start dates for some of our college hires by up to six months.&nbsp;<\/p>\n\n\n\n<p><strong>Commitment to fresher hiring<\/strong><\/p>\n\n\n\n<p>We&#8217;re offering assistance to help address any financial impact.&nbsp;<\/p>\n\n\n\n<p>Amazon remains committed to university recruiting and developing the next generation of leaders and builders,&#8221; the statement says.<\/p>\n\n\n\n<p><strong>Top universities not spared<\/strong><\/p>\n\n\n\n<p>The deferral of offer letters has had a wide-reaching impact on students from various IITs, prompting them to act swiftly to secure career prospects.<\/p>\n\n\n\n<p>This issue is prevalent across multiple IIT campuses, and they have also come across fellow interns from different campuses who have faced similar deferrals.<\/p>\n\n\n\n<p><strong>Proactively looking for other opportunities<\/strong><\/p>\n\n\n\n<p>Acting proactively over the prolonged six-month waiting period, the affected IIT graduates have begun exploring job opportunities.<\/p>\n\n\n\n<p>The intent is to protect their career prospects by avoiding any potential negative implications caused by Amazon\u2019s delay.<\/p>\n\n\n\n<p>Despite being aware of the challenges posed by the current job market, the graduate has been actively engaged in networking with alumni and exploring other avenues for employment.<\/p>\n\n\n\n<p><strong>Latest round of layoffs<\/strong><\/p>\n\n\n\n<p>In March, Amazon CEO Andy Jassy announced plans to lay off an additional 9,000 employees.<\/p>\n\n\n\n<p>This makes it the latest round of layoffs representing the largest reduction in workforce undertaken by Amazon thus far.<\/p>\n\n\n\n<p>The exercise before had the firm lay off approximately 18,000 employees.<\/p>\n\n\n\n<p><strong>Silicon valley biggies<\/strong><\/p>\n\n\n\n<p>It&#8217;s not just Amazon but several Silicon Valley companies, which have already undergone significant downsizing are considering further workforce reductions.<\/p>\n\n\n\n<p>Noteworthy firms involved in this practice <a href=\"https:\/\/www.livemint.com\/companies\/news\/amazon-india-delays-college-hires-due-to-challenging-economic-conditions-stays-committed-to-university-recruiting-11685087110796.html\">include <\/a>Google, Meta, Amazon, Zoom, Salesforce, Microsoft, and Palantir.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amazon India is putting on hold sending out employment offer letters to campus recruits from renowned Indian institutions, including IITs and NITs. \u201cChallenging economic conditions&#8221; The company has released a statement, blaming \u201cchallenging economic conditions&#8221; for the move. \u201cIn light of the challenging economic conditions, we&#8217;re delaying the start dates for some of our college [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":1245911,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[105,1666,1667],"class_list":["post-1245903","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-amazon","tag-freshers","tag-nit"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Amazon Abruptly Delays Sending Offer Letters To IIT, NIT Freshers: Find Out Why? - Trak.in - Indian Business of Tech, Mobile &amp; Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/amazon-abruptly-delays-sending-offer-letters-to-iit-nit-freshers-find-out-why\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amazon Abruptly Delays Sending Offer Letters To IIT, NIT Freshers: Find Out Why? - Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"og:description\" content=\"Amazon India is putting on hold sending out employment offer letters to campus recruits from renowned Indian institutions, including IITs and NITs. \u201cChallenging economic conditions&#8221; The company has released a statement, blaming \u201cchallenging economic conditions&#8221; for the move. \u201cIn light of the challenging economic conditions, we&#8217;re delaying the start dates for some of our college [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trak.in\/stories\/amazon-abruptly-delays-sending-offer-letters-to-iit-nit-freshers-find-out-why\/\" \/>\n<meta property=\"og:site_name\" content=\"Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-27T07:02:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-27T07:03:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/05\/AmazonNow-Banner-2.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"465\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Shreya Bose\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shreya Bose\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/trak.in\/stories\/amazon-abruptly-delays-sending-offer-letters-to-iit-nit-freshers-find-out-why\/\",\"url\":\"https:\/\/trak.in\/stories\/amazon-abruptly-delays-sending-offer-letters-to-iit-nit-freshers-find-out-why\/\",\"name\":\"Amazon Abruptly Delays Sending Offer Letters To IIT, NIT Freshers: Find Out Why? - Trak.in - Indian Business of Tech, Mobile &amp; 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