Layoffs Broke Big Tech’s Elite College Hiring Pipeline

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Layoffs Broke Big Tech’s Elite College Hiring Pipeline
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Students from top schools used to waltz from Silicon Valley internships into lucrative jobs. Now, some are reconsidering their options.

. After her first year, she landed a coveted summer internship at Facebook and was invited back to Menlo Park the next summer—traditionally a good sign that a student would later be offered a full-time job.

The interns were wrong. In an early morning email last August, Xie and the rest of her overachieving cohort became among the first to be affected by athat would go on to claim hundreds of thousands of jobs over the coming months. Meta was sorry to inform them, the email said, that unlike previous years, it would not be extending successful interns guaranteed return offers of full-time jobs before they went back to school.

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