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• Tech majors are skipping campus placements this year, leading to a quieter placement season and fewer job opportunities for engineering graduates.
• The top four IT majors have shed their headcount by 37,299 over the past two quarters, leading to a 40% decrease in freshers hiring for the upcoming fiscal year.
• The demand for talent outside of premier institutions is gaining ground among GCCs, but the impact of IT services firms not hiring is still significant.