Having been unsuccessful in his job applications to several multinational tech firms, including mobile giant Motorola, he was hoping to have better luck with local companies like Renren.
“If even the local firms are cutting staff, then the hiring sentiment is getting from bad to worse,” Zhao told The Straits Times. He will graduate next month with a master’s degree in software engineering from a university in Beijing.
One key reason for his employment woes is the record bumper crop of 6.99 million fresh graduates – 190,000 more than last year – who will enter the job market this year. A sluggish economic recovery also dampens hiring prospects, with some state media calling 2013 “the…
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