Internships cancelled due to a recession?

[u/OlliMulch]

Is this something that has happened before? Should those who have already accepted offers be worried about them being rescinded?

[u/MasterSkillz]

No, the money these companies spend on interns is a rounding error compared to the amount they make. Maybe if you're interning at an absolute no-name startup with limited funding, but everything else no.

[u/Inthespreadsheeet → u/MasterSkillz]

Bro you still in college, please teach us more on how companies operate in recessions and what has happened in the past like 08 or 2000

[u/Inthespreadsheeet → u/[deleted]]

Yeah, they did in 00, 08, and 2020. You don’t think they care about interns until they stock craters and can have people teaching ya when they also need to fire them. Wasn’t around in 08 but 2020 was a wild time and having friends in consulting (both accounting and software engineering- fuck ERPs) around in 08 we haven’t even come close to the bottom yet

[u/AndreasDi → u/[deleted]]

I hate to break this to you but this is precisely what happened to me and most of my friends in 2020.

[u/Inthespreadsheeet → u/[deleted]]

lol, a simple search in this sub and cscareerquestions begs to differ for 2020

[u/FierceFlames37 → u/Inthespreadsheeet]

hes probably 40 going to college tho