Computer Science:- As a tenth grader in Seattle, Annalice Ni wanted to develop software for a well-known technology company like Google. As such, she has put in a lot of effort to meet the internship and other resume criteria. This makes students attractive for positions for the biggest tech companies. In high school and took science classes in computers and volunteered to do an internship at Microsoft and teach programming to her juniors. She studied Computer Science at the University of Washington and got a coveted software development internship at Facebook. After graduating from college earlier this year, she moved to Silicon Valley and started her dream job as a software engineer at her Facebook parent company, Meta. Last Month, Meta laid off more than 11,000 employees including Ni.
“I did feel very frustrated and disappointed and maybe a bit scared because all of a sudden, I didn’t know what to do,” Ni, 22, said of her unexpected career setback. “There’s not much I could have done, especially in college, more than I already did, better than I already did.” Over the last decade, the prospect of six-figure starting salaries, perks like free food, and the chance to work on apps used by billions led young people to stampede toward computer science – the study of computer programming and processes like algorithms – in college campuses across the United States. The number of undergraduates majoring in the subject more than tripled from 2011 to 2021, to nearly 136,000 students, according to the Computing Research Association, which tracks computing degrees at about 200 universities.
Tech giants like Facebook, Google, and Microsoft encouraged the coming education boom, promoting software jobs to students as a route to lucrative careers and the power to change the world. But now, layoffs, hiring freezes, and planned recruit slowdowns at Meta, Twitter, Alphabet, Amazon, DoorDash, Lyft, Snap, and Stripe are sending shock waves through a generation of computer and data science students who spent years honing themselves for careers at the largest tech economic slowdown for slowing hiring. Not only have recent graduates started looking for new jobs, but the cuts have also created uncertainty for college students seeking well-paid summer internships at large consumer tech companies.
In the past, technology companies used internship programs to recruit potential job seekers and offer many students the opportunity to return to full-time employment after graduation. But now, layoffs, hiring freezes, and planned to recruit slowdowns at Meta, Twitter, Alphabet, Amazon, DoorDash, Lyft, Snap and Stripe are sending shock waves through a generation of computer and data science students who spend years honing themselves for careers at the largest tech companies. Tech executives have blamed the global economic slowdown for slowing hiring. Not only have recent graduates from states started looking for new jobs, but the cuts have also created uncertainty for college students seeking well-paid summer internships at large consumer tech companies.
In the past, technology companies used internship programs to recruit potential job seekers and offer many students the opportunity to return to full-time employment after graduation. But this year, that opportunity is shrinking. For example, Amazon hired about 18,000 interns this year and paid some computer science students nearly $30,000 for the summer, not including housing allowances. The company is now looking to cut the number of interns by more than half for 2023, said a person with knowledge of the program who is not allowed to speak publicly. Amazon spokesman Brad Glasser said the company is focused on its internship program and the real-world experience that accompanies it. A Meta spokesperson pointed to a letter from the company’s chief executive, Mark Zuckerberg, to employees announcing the layoffs last month. The hiring plans of smaller tech companies are also changing.
Popular gaming platform Roblox said next summer he will be hiring 300 interns, almost double the number this year. He said Redfin which had hired 38 interns this summer has canceled the program for next year. In her interview, she said 10 college students and alumni were unprepared for the decline in jobs at the biggest tech companies. Until recently, these companies were in fierce competition to recruit computer science students at top schools. Some students had received multiple jobs offers with a six-figure starting salary and a five-figure contract bonus. An entire genre of TikTok videos has sprung up around young techs promoting job perks and annual rewards. At least one video of him highlighted his $198,000 package, which includes stock options and relocation costs.
In November 2021, Meta offered her a position as a Data Scientist starting in December 2022. Meta withdrew her offer last month, she said. “worked hard for these interviews. It was really nice to get the big name,” she said. ” I was really looking forward to it.” her frustration was discouraging. ” I was upset,” Castellino said. “You didn’t hear me well.”
As for Ni, she now sees losing her dream job as an opportunity to broaden her career horizons. During this past month, she’s been applying to medium-sized tech companies and start-ups that she thinks are innovative. “I’m looking for unprecedented opportunities,” she said Ni. ” I feel like I’ve learned a lot already”.
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