AI "has gutted entry-level roles in the tech industry," reports Rest of World.
One student at a high-ranking engineering college in India tells them that among his 400 classmates, "fewer than 25% have secured job offers... there's a sense of panic on the campus."
Students at engineering colleges in India, China, Dubai, and Kenya are facing a "jobpocalypse" as artificial intelligence replaces humans in entry-level roles. Tasks once assigned to fresh graduates, such as debugging, testing, and routine software maintenance, are now increasingly automated. Over the last three years, the number of fresh graduates hired by big tech companies globally has declined by more than 50%, according to a report published by SignalFire, a San Francisco-based venture capital firm. Even though hiring rebounded slightly in 2024, only 7% of new hires were recent graduates. As many as 37% of managers said they'd rather use AI than hire a Gen Z employee...
Indian IT services companies have reduced entry-level roles by 20%-25% thanks to automation and AI, consulting firm EY said in a report last month. Job platforms like LinkedIn, Indeed, and Eures noted a 35% decline in junior tech positions across major EU countries during 2024...
"Five years ago, there was a real war for [coders and developers]. There was bidding to hire," and 90% of the hires were for off-the-shelf technical roles, or positions that utilize ready-made technology products rather than requiring in-house development, said Vahid Haghzare, director at IT hiring firm Silicon Valley Associates Recruitment in Dubai. Since the rise of AI, "it has dropped dramatically," he said. "I don't even think it's touching 5%. It's almost completely vanished." The company headhunts workers from multiple countries including China, Singapore, and the U.K... The current system, where a student commits three to five years to learn computer science and then looks for a job, is "not sustainable," Haghzare said. Students are "falling down a hole, and they don't know how to get out of it."
One student at a high-ranking engineering college in India tells them that among his 400 classmates, "fewer than 25% have secured job offers... there's a sense of panic on the campus."
Students at engineering colleges in India, China, Dubai, and Kenya are facing a "jobpocalypse" as artificial intelligence replaces humans in entry-level roles. Tasks once assigned to fresh graduates, such as debugging, testing, and routine software maintenance, are now increasingly automated. Over the last three years, the number of fresh graduates hired by big tech companies globally has declined by more than 50%, according to a report published by SignalFire, a San Francisco-based venture capital firm. Even though hiring rebounded slightly in 2024, only 7% of new hires were recent graduates. As many as 37% of managers said they'd rather use AI than hire a Gen Z employee...
Indian IT services companies have reduced entry-level roles by 20%-25% thanks to automation and AI, consulting firm EY said in a report last month. Job platforms like LinkedIn, Indeed, and Eures noted a 35% decline in junior tech positions across major EU countries during 2024...
"Five years ago, there was a real war for [coders and developers]. There was bidding to hire," and 90% of the hires were for off-the-shelf technical roles, or positions that utilize ready-made technology products rather than requiring in-house development, said Vahid Haghzare, director at IT hiring firm Silicon Valley Associates Recruitment in Dubai. Since the rise of AI, "it has dropped dramatically," he said. "I don't even think it's touching 5%. It's almost completely vanished." The company headhunts workers from multiple countries including China, Singapore, and the U.K... The current system, where a student commits three to five years to learn computer science and then looks for a job, is "not sustainable," Haghzare said. Students are "falling down a hole, and they don't know how to get out of it."
Read more of this story at Slashdot.
