Startups and Big Tech firms cut hiring of recent graduates by 11% and 25% respectively in 2024 vs. 2023, as AI can handle routine, low-risk tasks

• Big Tech: New grads now account for just 7% of hires, with new hires down 25% from 2023 and over 50% from pre-pandemic levels in 2019.
• Startups: New grads make up under 6% of hires, with new hires down 11% from 2023 and over 30% from pre-pandemic levels in 2019.