Gloom has descended on the premises of premier engineering colleges in Bangalore as campus recruitment has almost come to a standstill in the wake of the global economic slowdown and the meltdown in the Information Technology sector.
Various companies, which had selected quite a few candidates through campus recruitment last year, have sent "regret letters" saying they are in no position to offer placements. The much sought after Infosys Technologies has gone in just for a token recruitment this year.