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Job market blues echo in the corridors of India's leading B-schools

Debashis Chatterjee, director, IIM-K, said that they recognise a downturn in the market, but there is no panic in the institute because there was a steady absorption of its students

jobs, jobless, placements, colleges, IITs, IIMs, unemployment, economy, hiring, workers, staff, employees
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While premier institutes remain confident of hiring prospects for their students, there is an acknowledgement of a downturn as apparent from multiple instances of job cuts, especially in the tech sector

Ritwik Sharma New Delhi

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There are signs that the distress in the job market has spread to India’s top B-schools.

A post on X (formerly Twitter) about a WhatsApp message, purportedly sent by the Indian Institute of Management Lucknow (IIM-L) to an alumni group seeking assistance in placing 72 students from the graduating batch, went viral on social media.

The user, Ravi Handa, wrote: “IIM Lucknow is reaching out to alumni to help them with placements. It is ‘crucial to maintain the legacy of IIM Lucknow’s 100 per cent placement record’. It isn’t about 5-10 people but 72 candidates at IIM-L do not have