- Big Tech: New grads now account for just 7% of hires, with new hires down 25% from 2023 and over 50% from pre-pandemic levels in 2019.
- Startups: New grads make up under 6% of hires, with new hires down 11% from 2023 and over 30% from pre-pandemic levels in 2019.
Can’t eventually have senior engineers without giving junior engineers a chance, so good luck with that. I’ve got nearly 2 decades under my belt and I’m ready to leave.
This is definitely a problem in sectors that are boom/bust. You have senior engineers ready to retire and nobody is ready to move up into their positions because there just aren’t any intermediate level engineers in the industry.