Navigating the Recession: Impact on College, Companies, Start-ups, and More | Aapsi Baat Cheet Ep. 1

by | Feb 16, 2024 | Recession News | 1 comment

Navigating the Recession: Impact on College, Companies, Start-ups, and More | Aapsi Baat Cheet Ep. 1



Amidst a global recession, the concept of placement becomes even more crucial for college students, companies, start-ups, and beyond. In the first episode of Aapsi Baat Cheet, let’s delve into the impact of recession on placement and how various stakeholders can navigate through these challenging times.

For college students, finding placement opportunities during a recession can be daunting. The job market becomes highly competitive, and companies are more cautious with their hiring decisions. However, there are several strategies that students can employ to enhance their placement prospects. This includes networking, upskilling, and being open to diverse job opportunities. Building a strong profile through internships, projects, and relevant experience can make a significant difference in securing a placement during a recession.

On the other hand, companies are faced with tough decisions when it comes to placement during a recession. Cost-cutting measures and a focus on essential roles become imperative, making it challenging for fresh graduates to secure employment. However, companies can also leverage this time to invest in talent acquisition, particularly in niche skill sets that are in high demand. Additionally, maintaining a strong employer brand and offering opportunities for growth and development can attract top talent even during a recession.

Start-ups, often fueled by innovation and agility, can find themselves in a unique position during a recession. While funding and investor interest may dwindle, start-ups can offer an exciting alternative for college graduates. The opportunity to work in a dynamic environment, contribute to meaningful projects, and gain diverse experiences can be highly appealing for students. Start-ups can also benefit from the fresh perspective and enthusiasm that young talent brings to the table, making them a viable option for placement during a recession.

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Looking beyond the conventional college-company placement model, the concept of placement expands to include avenues such as freelance work, entrepreneurship, and skill-based initiatives. As the gig economy continues to grow, students can explore opportunities to work on projects, develop their own ventures, or contribute to the sharing economy. These non-traditional paths offer flexibility and autonomy, which can be particularly attractive during uncertain economic times.

Ultimately, placement in a recession requires a proactive and innovative approach from all stakeholders. Colleges need to adapt their curriculum to align with the evolving job market, companies need to prioritize talent acquisition strategies, and students need to be resilient and adaptable in their pursuit of placement opportunities.

Aapsi Baat Cheet provides a platform to explore these dynamics and facilitate meaningful conversations around placement in a recession. By bringing together insights from industry experts, educators, and students, the podcast aims to shed light on the challenges and opportunities that arise in the midst of economic downturns.

As we navigate through these unprecedented times, the collective effort of colleges, companies, start-ups, and individuals is crucial in ensuring that placement opportunities continue to thrive. By fostering collaboration and innovation, we can develop sustainable solutions that benefit all stakeholders in the placement ecosystem. Let’s continue the dialogue and work towards creating a resilient and inclusive placement environment, even in the face of a recession.


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1 Comment

  1. @rishavzone

    Hope you liked the video, Do share your feedback!!
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    For Easy watching Use these chapters

    Chapters

    00:00 – Intro

    1:25 – Know about Vivian

    4:00 – What is Kinaxis

    4:46 – Why he choose Btech

    6:21 – Jee Life

    11:22 – College Expection Vs Reality

    14:16 – Ragging

    17:38 – Why VIT?

    22:04 – VIT clubs/chapters

    27:58 – Advice for Youth

    41:38 – LinkedIn Importance

    48:35 – Placement in Recession

    1:01:18 – Start-up Boom

    1:07:08 – Higher Studies

    1:16:43 – Job or Start-up

    1:18:20 – Summary

    1:20:19 – Outro

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