FWIW - Sharing this compilation of data from the First Destinations Survey.
There are some clear indications of the slowdown in the FAANG hiring #s below but it also looks like the net result and salary outcomes seem pretty comparable indicating other emerging tech firms like Databricks and other industries such as Finance absorbing many of these grads.
Iâm surprised there hasnât been an increase in the number of engineering and CS graduates going to grad school. Thatâs the usual response to a lack of jobs. Perhaps it relates to the lack of jobs being concentrated in the bottom half of the class, and these people wouldnât get into a decent graduate program?
In the context of this chart, Cal seems to have held up well despite the massive slowdown in the market. So this sample may be slightly less desperate and I think people may still be holding out for jobs and perhaps later apply to grad school post graduation if they arenât able to succeed in getting a role they want.
