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This trend is not limited to the U.S. and is manifesting in India as well. The top Indian Institutes of Management (IIMs) used to boast swift and complete placement results within days of graduation. However, the reality has shifted, with substantial delays in placements becoming more common. Last year, only three out of six older IIMs managed complete placements, indicating that even premier institutions are grappling with the job market's volatility.

Factors Contributing to the Job Market Crisis

So, what is behind this radical shift in job availability for MBA graduates? Three critical factors are influencing this trend: