Hyderabad: Fifteen of the more than 150 job offers that went unhonoured across the Indian Institutes of Technology (IITs) this year were from IIT-Hyderabad, prompting the All IITs Placement Committee to adopt a two-year non-cooperation policy against 22 companies.
Officials here said the institute has barred two firms from its campus placements — Oracle and Rapidue Technologies — for the next two years.
the hiring season was in its last leg and companies offering big packages had already finished recruitment,” said Mohsin Siddiqui, a placement official at IIT-H While the affected students were brought back into the placement process after that. “Oracle selected the students in Dec. So, they were taken out of the placement process soon afterwards. It was only in May this year that the institute learnt that the offers would not be honoured.
Another student whose Oracle offer was revoked said the uncertainty was worsened by repeated assurances that the offer would come through. Suddenly, we had to start looking for jobs again, with many of the available offers carrying lower CTCs,” said a student of bachelor of engineering science with specialisation in artificial intelligence. “By April or May, we normally have our offers and joining dates. But we had no clarity, and by May-June the placement season was almost over. H added: “We kept calling the HR, but they would not respond. Even after several queries, we were assured that our offers would not be revoked. Then, in the end, they backed out,” he shared. He has since joined Skan AI, an AI startup.