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New IIMs see slowdown in placements, several recruiters withdraw offers

New IIMs see slowdown in placements, several recruiters withdraw offers

Tuesday, February 7, 2017, 5:27 PM

Newer Indian Institutes of Management (IIMs), are experiencing slowdown in placements this year. These IIMs had started placements earlier, but several recruiters are withdrawing offers. Economic factors such as demonetization, rising automation and US visa issues are among the reasons recruiters across sectors such as information technology, fast-moving consumer goods, banking, financial services and insurance, have gone slow on recruitment, say newer IIMs.
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