COVID-19 Affecting Internships and Job in Design Industry
COVID-19 affecting Internships and Job in Design Industry - The nationwide lockdown due to COVID 19 outbreak(novel coronavirus) has an impact on the economy of the nation and put at risk. The pandemic will likely lead to job losses, pay cuts and freeze on hiring in all the sectors. According to the estimation of the United Nation, the global unemployment rate could reach rise by five million to twenty-five million. In accordance to the expert, it would approximately take four to six months to recover the impact caused by novel coronavirus pandemic. As the pandemic increased globally, serval firms are delaying to hire new employees. A survey was conducted with 200 CEOs from all the sectors on the Impact of COVID 19 lockdown on Industry. The survey results that most of the firms expect the falls of revenues to more than 10 per cent and profits to decline by more than 5 per cent in April and June. It is expected that the Indian economy will be slow down to 2% from the present situation around 5% level.
The pandemic has already affected travel and tourism, hospitality, aviation and automobiles sectors. Post pandemic the impact will be severe with thousands of people being job loss. Brand expert Harish Bijoor has said the time is really tough as COVID 19 is a global issue now. Harish Bijoor said, “ This is sheer job trauma staring at us in the near future”. He also further add that the automotive sector will also bear the brunt of job loss. Though there could be recovery in the next few months after the pandemic, this year will be tough for India Inc which result to the job losses and hindrance in hiring a new employee. It would also affect employee with PF and other increments and bonus.
COVID-19 affecting Internships and Job in Design Domain
Novel coronavirus continues its tear all over the world and has become a mounting concern. With the falls of economy and freezing of hiring, cases of cancelling internship are found. Incorporate firms are now not accepting any further request for the internship. At this point of time, internship which is mandatory for every student is now in jeopardy. Internship is the turning point in each student life from an academic career to a professional career. A third-year student at UC Berkeley which was just about to begin her work got the cancellation letter of the internship because of the COVID 19. The number of summer internships cancellation has rapidly increased in all over the nation. Students are now affecting due to the cancellation of a summer internship by most of the incorporate firm. However few of the companies have decided for a virtual internship which allows the intern to do their work from home.
In comparison to the international internship, domestic interns has less impact. Pertaining to the ban of global travel, international internship project has been cancelled. IIT directors have appeal to the recruiters not to withdraw any offer whether job or internship. “If a job or an internship offer is withdrawn at this stage, the student, having given up her/his right to apply for other similar jobs, will end up not having any job right now,” said V Ramgopal Rao, Director, IIT Delhi, in a LinkedIn post.
IITs have also tussle the case of cancelling the internship offer, especially from the international recruiters. After the revoking internship project and job placement offered by a few companies, All India Placement Committee also appeal to the recruiter not to cancel or withdraw any such offer. The placement cell of IITs request the companies to allow the students to do a virtual internship. There is no withdrawal for job offer so far in IIT Bombay. A representative from the IIT Kanpur said some of the companies sent the mails assuring there will be no withdrawal of internship project.