China’s new graduates reportedly face rescinded offers and probationary layoffs
Caixin reports that companies hire heavily on campus but often cut new recruits first when demand weakens. Rescinded offers and layoffs during probation have left young workers looking for lower-level jobs.
TLDR
Caixin reports that rescinded offers and probationary layoffs are leaving young workers in China scrambling for lower-level jobs. With campus recruits often among the first to go when demand weakens, graduates are increasingly looking for stability in a first job.
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