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College students’ job offers vanishing

Milwaukee Journal Sentinel finds a young Indian graduate-to-be who received a job offer in the middle of last year that suddenly went away in December.

Naveen Duraisamy’s future seemed enviable: Despite a down economy, the engineering student had a job offer from a Fortune 500 company, where he’d start after graduating from the University of Wisconsin-Madison.

Then, days before his Dec. 21 commencement, the international student got an e-mail from his future employer: Caterpillar Inc. had rescinded the job offer, citing uncertain economic times.

With his student visa about to expire, Duraisamy quickly enrolled in classes so he could stay in the country. He began the job search from scratch.

“I was completely shocked,” said Duraisamy, 26, a native of southern India. “I didn’t know what to say to them.”

Duraisamy is among dozens of mostly engineering and business students in Wisconsin who have had job or internship offers rescinded because of the economy.

Lot of this happening these days, I suspect.

3 comments | Permalink | Tags:
Tom Mangan posted at 8:20 am February 5th, 2009 |