What happened? Did we really give out no returns to any of our summer interns? Won't we need first year analysts again eventually? Can't we just give out Jan 2025 start dates? This will probably destroy our campus reputation. US based btw

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Pennywise poundfoolish.

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?

funny

Absolutely absurdly stupid if this is true. We need to plan for the future and hiring good people is the most important thing for that.

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“Associate” - New Member…. Sounds like you might be one of those “hold tight” interns. I wish we had more information for you, but we’re as concerned as you are.

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I read a WSJ article that most firms are actually doing this unfortunately. The folks trying to get into the industry the last year really got screwed by our government printing endless money and wrecking the economy.

funny

While not entirely related to the topic at hand... it clearly has affected our company and industry greatly, can't pretend otherwise

It's similar in Europe

I didn’t think it had been finalized. Last I heard, those who would’ve been given an offer under normal circumstances were told to sit tight till further notice. For now just hope the business keeps flowing as it has been last month or so…

Every other consulting firm still gave returns to most their interns, it's just us

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