> At the biggest tech companies, new graduates went from roughly a third of all hires in 2019 to somewhere around 7% today. In the US, entry-level hiring at the top 15 tech firms fell 25% from 2023 to 2024 alone.
The title says the pipeline is collapsing, but the article describes a reduction. In my workplace, hiring stopped for teams working on non-AI products because all the money went to the teams building AI products. I would guess the AI teams wouldn't describe their pipeline as collapsing. It seems companies are going all in on AI and laying off or ignoring everything else.