We've seen this before in smaller waves, or institutionally woven, in big tech. Standard operating procedure has been to hoard a bunch of cheap new grads, grin

We've seen this before in smaller waves, or institutionally woven, in big tech. Standard operating procedure has been to hoard a bunch of cheap new grads, grind them out with your culture or small RIFs, and keep the most productive. It boggles me that this is acceptable and the norm for new grads. This, from the article, should be the norm: "The job prospects in Big Tech are so grim that career counselors at even the most elite universities are urging students to consider positions at smaller companies and in less sought-after sectors, such as manufacturing or government."