How Has The Pandemic Affected Final Placements At IIMs, XLRI, FMS And Other Top B-Schools?

When the pandemic hit, there were immediate ramifications on placements at even the most revered IIMs: students lost out on internships, recent graduates lost out on jobs or had their joining dates deferred for a painfully long time which left them in a limbo, and the degree of salary revisions and paycuts (if any) is unknown. Throughout the first half of the extraordinary year, surveys revealed the reluctance in hiring amongst recruiters, and the news of layoffs and paycuts across organizations as well as a looming threat of recession added to the growing uncertainty amongst job-seekers and professionals. So how much did the pandemic eventually end up impacting recruitment figures at the IIMs?