I would guess the chance of finding any other summer work right now, let alone another technical internship, is below 50%. The way you handle this is to take the internship and be happy it didn't get cancelled entirely.
Elective medical procedures have been canceled, so medical spending is down across the board. Most plans that are ACA-compliant will probably be reimbursing customers some of the premiums this year, similar to auto insurance.
I've heard Fin-tech firms have been cutting lots of fat in the last 4 weeks, although I've also seen some large banks still hiring contractors.
The only reason that many companies are able to operate at all today is because of the technology they use. Tech should be less affected overall compared to the rest of the economy.
The Fintech firms I am talking to all stopped hiring or having pay cuts. They offered lower salaries compared to last year when I wasn't looking (upto 30% lower)
adventured|5 years ago
Instacart has been trying to add several hundred thousand new contract workers ("full service shoppers" as Instacart calls them).
https://techcrunch.com/2020/04/10/instacarts-hiring-spree-co...
munk-a|5 years ago
rckoepke|5 years ago
I've heard Fin-tech firms have been cutting lots of fat in the last 4 weeks, although I've also seen some large banks still hiring contractors.
polyomino|5 years ago
wdb|5 years ago