Due to a lack of financial resources, hiring new employees has become a big no for most organizations. It doesn't matter which industry the organization belongs to or how big it is in terms of the revenue it generates, hiring new employees when the bar is going down, is no good for any kind of company. The majority of the employers have expressed the hiring process getting affected.
Also See: Available Jobs during the Pandemic #Infographic
Most of the big organizations and companies have rearranged the dates for their internship program, they have either postponed the dates. While some organizations have canceled their internship programs entirely. Also, some employers are trying to come up with a virtual model for their internship programs, in the same manner as 'work from home' jobs are happening across many industries, wherever possible.
The infographic below gives us a few statistics regarding COVID-19 and how it has affected college recruitment and internship programs:
