I am a CS cog sci undergraduate entering 4th year from this fall.

I did everything that others did, such as (Any kind of) Research, Internships, Hackathon, Club activities, attending showcases, doing leetcode problems etc. WHENEVER I had a chance.

My current GPA is like 3.4ish.

Last year, I was kinda happy to see other senior students doing a weekly interview with Big Tech including FAANG because I thought that could be my future someday. Afaik a half of seniors i know got into FAANG.

The company I interned last year was a small unicorn, But as soon as the end of the summer approaches, I observed quite a lot of layoffs and I saw both of my mentor and recruiter got fired. Of course there was no full-time offer to me.

Since then, I've been applying and doing interviews only twice, but now I'm unemployed. Even after passing final interviews, they didn't contact me, and there are not many things that can be said because the number of SWE New Grad announcements itself is less than 5 per a week on Linkedin.

In the past, there was a saying/rumor that new grads also receive $100k. But now even in $80k, the competition is insane. For a single position, 100 people applied within an hour and the post was closed. I saw the lowest which was $40k.

A bunch of international grads around me (who graduated earlier than me) still are unemployed. Some of them graduated in December last year and still have nothing, and others who graduated this time are no different. I lost others' contacts and I suspect that they couldn't make themselves employed.

Even if I get a referral, I can't even guarantee a formal interview these days.

Even if I ask the recourters of large companies, they say that they don't hire New Grad at all for two to three months. This is the same even if it is not a tech company.

Still, Amazon interns and hardware players got jobs. However, Amazon also postponed giving them real offers and their 'real' first day of job startes after like 6 months later💀

Meta? revoked all of return offers. They say another huge layoffs will be continued.

Google? No nice new offers are given.

It seems to have been true until just last year that CS make money and get a decent job.

FYI, few top schools such as CMU, Princeton, Yale have an option to go to Wall street cuz they have a nice another options which are financial sectors

P.S. I mean, Stanford has Sillicon Valley but I see quite a lot of tech companies are experiencing a high volume of layoffs