https://www.ft.com/content/b3684ec2-53ba-4fc3-9f21-c7454c310d3b
MENU Financial Times Sign In Work Watch US employmentAdd to myFT US graduates face cut-throat job market as companies scrap internships Early careers opportunities are ‘one of the first things to go’ for employers cutting costs © FT montage/Dreamstime US graduates face cut-throat job market as companies scrap internships on x (opens in a new window) US graduates face cut-throat job market as companies scrap internships on facebook (opens in a new window) US graduates face cut-throat job market as companies scrap internships on linkedin (opens in a new window) US graduates face cut-throat job market as companies scrap internships on whatsapp (opens in a new window) Save Taylor Nicole Rogers in New York16 HOURS AGO 51 Print this page Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Welcoming a class of summer interns is a tradition in corporate America. But this summer, companies are bringing in fewer students, if any. Goldman Sachs hired 200 fewer summer analysts this year than in 2023. JPMorgan reduced the size of its own class of summer analysts by 600, more than ten per cent of the total. Tesla rescinded its internship offers just weeks before students were due to start.
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