Current US Tech Job Market for International Students
International students in US tech face unprecedented challenges as multiple factors converge: Fed rates spiked from 0.25% to 5.5%, tech companies laid off 260K workers, VC funding plummeted from $681B to $285B, and H-1B visa rejections hit 73%. Meanwhile, capital shifted to AI ($83B in 2023) while crypto crashed from $3T to under $1T. For the Indian international CS/IT students who invested $80–120K in degrees, consider: pursuing any internship, taking a strategic gap semester in India, freelancing, or leveraging your US degree in India’s growing tech sector. The US market should stabilize in 6–12 months, but timing is everything in this economic cycle In the last 2–3 months, multiple friends have reached out to me regarding their children who are pursuing bachelor’s and master’s degrees in IT in the US. These students are finding it extremely difficult to secure internships and full-time roles. It’s a distressing situation, as these hardworking young people’s fami...