In the past, technology companies used their internship programs as a way to hire promising candidates. Many students have also been offered full-time employment after graduation. However, these opportunities are shrinking.
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Amazon, for example, hired approximately 18,000 interns last year and paid some computer science students almost $30,000 for the summer. This does not include housing stipends. According to a person who is not authorized to speak publicly, Amazon is considering cutting the number trainees for 2023 by more then half.
Amazon spokesperson Brad Glaser stated that the company is committed its training program as well as the real-world experience it provides. A Meta spokesperson pointed to a letter from Mark Zuckerberg, CEO of the company, to employees announcing Company layoffsLast month.
Smaller technology companies are also seeing their staffing plans change. Roblox, the popular gaming platform, said it plans to hire 300 interns next summer — nearly double this year — and was anticipating more than 50,000 applications for the sites. Redfin, which had 38 interns this summer said it has canceled its program for next year.
Computer students still have good jobs, and the field continues to grow. According to forecasts, the employment of software developers and testers is projected to increase by 25% between 2021 and 2031 to more than 41,000 new jobs. Bureau of Labor Statistics. Many of these jobs are in finance and the auto industry.
Brent Winkelman (chair of the computer science faculty at the University of Texas at Austin) said that students still receive multiple job offers. “They may not come from Meta or from Twitter or from Amazon. They will come from places like General Motors or Toyota or Lockheed.”
Students who are anxious to get into the tech industry can use university career centers as a resource. The number of people seeking a backup plan has increased in the offices of career counselors.
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