Over 20 Firms Blacklisted by IITs for Revoking Student Job Offers

The Indian Institutes of Technology (IITs) have announced a major decision at the start of the placement season, keeping in mind the students’ benefit and safeguarding their interests. A unanimous decision of IITs has barred more than 20 companies from this year’s on-campus placement drives.

Over 20 Firms Blacklisted by IITs for Revoking Student Job Offers

Based on a TOI report, these companies had earlier extended job offers to IIT students even in the last academic year, but withdrew those offers at the last moment, just before scheduled joining dates. This was a major problem given that many IITs do not allow students with a confirmed offer to sit for further placement drives. With these rescinded offers, students were left stranded.

The ban has been implemented unanimously across several IIT campuses after placement coordinators from about 15 IITs cross-verified records and found that the same firms had revoked offers at multiple institutes. Predominantly, the blacklisted firms belonged to the data analytics and software sectors. 

A graduate from IIT Bombay (class of 2025) shared how his job offer for Rs. 30 lakh p.a (approx.) was rescinded just two days before his scheduled joining date. Despite the last-minute shock, he was lucky enough to get another opportunity soon through an alumnus connection. However, not all had such luck. Multiple affected students reportedly found themselves stranded, having turned down other interview calls (due to the “one-student-one-job” rule many IITs follow) and lost at the last moment.

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To fill potential gaps, IIT placement cells are reportedly pushing for broader participation by start-ups and companies backed under the government’s Viksit Bharat programme, potentially opening newer, more diverse avenues for students.

By blacklisting such companies, IITs have ensured students feel secure about the job offers being more dependable and reducing uncertainty in the placement season.