- Longtime trends of companies trying to externalize training costs.
- Avoiding hiring in general due to uncertainty in the economy.
- Companies dumping tons of money into AI thus having to cut money from other places, particularly ones that don't add much value in the quarter (internships).
Why shouldn't they? You're commenting on a website where the common if not overwhelming view is that people should move jobs every 2 years or they are going to lose out.
Externalizing costs is a great short term strategy, for startups. We really should regulate any company over a certain size to force them to pay for their externalities but we all know they won’t happen. I’m sure this won’t have any lasting consequences or lead to the collapse of any economies.
It’s been very successful. Huge companies, including tech companies, will hire swathes of young people to fill apprentice slots.
Whether or not companies should or shouldn't in their particular case is hard to answer generally. I am in an adjacent field to software and work on products that have lifetimes measured in decades. In that area short term thinking has been incredibly detrimental to organizations. I would also think investing in educating people that are going to work in an industry or are working in an industry will be a net positive to that industry. That is more a vibe based assertion than fact based though.