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Social media is the new hunting ground for those with revoked offers

As more job offer revocations hit engineering colleges in the wake of the Covid-19 crisis, students say social media is helping open up more opportunities, even as their colleges are helping too. LinkedIn and Facebook groups catering to professionals are now flooded with posts of students about their revoked offers and seeking help.

Last Updated: Jun 26, 2020, 10.13 AM IST
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NEW DELHI | KOLKATA: A Shah was all set to join a ride-hailing company as a business analyst, but the campus offer was rescinded.

While his college, BITS Pilani Goa campus, is helping him out, the 21-year-old final-year student went to LinkedIn to post about his situation, seeking opportunities. Within a week, he had two-three interviews lined up.

Akash D of IIT-Roorkee had a placement offer from a Bengaluru startup, but that too was revoked. His LinkedIn post bagged him five-six interview opportunities and a call from Intelliticks Technologies, which has since offered him a job.

As more job offer revocations hit engineering colleges in the wake of the Covid-19 crisis, students say social media is helping open up more opportunities, even as their colleges are helping too. LinkedIn and Facebook groups catering to professionals are now flooded with posts of students about their revoked offers and seeking help.

Students are opting for these avenues at a time when even elite institutes have faced revocation of offers to their students. At IIT-Madras, 16 job offers have been revoked from the 924 offers made, according to advisor for training and placement CS Shankar Ram. The number is in single digits in IIT-Delhi where more than 1,000 have been placed. At BITS Pilani, around 38-39 of 2,000-odd offers have been revoked.

On online professional networking community Network Capital, which has more than 60,000 members on Facebook, nearly one in three posts is about furloughs or offers being lost or postponed due to the pandemic. About a month and half ago, the group launched a sub-group which connects employers with those looking for jobs.

As opposed to a jobs website, social network websites can help millennials access “aspirational” jobs, Network Capital founder Utkarsh Amitabh said.

LinkedIn said conversations among connections increased 55% year-over-year, as people looked to reconnect with their network and share advice and tips on navigating this challenging working environment.

Sanket Gaggar, the placement coordinator at IIT-Kanpur, said while the institute was reaching out to companies, students were also taking their own steps owing to the tough job market.

Often, peers are the ones helping out peers and this acts as an automatic filter. IIM-Indore graduate Aakas Jayaraj has teamed up with students from IIT-Kharagpur, IIM-Kozhikode and IIT-Bombay to create a LinkedIn form where students can upload their resumes and find job openings. It’s only been four days and more than 160 people have signed up. His post had more than 19,000 views till Thursday afternoon.

A number of startups, like the recently funded food and beverage company Open Secret and fintech company Kite are making it known that they would hire interns and even full-time employees from those with revoked offers.
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